Fully Managed Italian Pizza Restaurant Near Bayswater Station

Bayswater North VIC
Asking Price $475,000 Leasehold
Revenue
Profit
About

This well-established Italian pizza restaurant operates primarily as a takeaway and delivery business, with approximately 95 percent of sales coming from takeaway and delivery and 5 percent from dine in. The business is fully run under management, making it ideal for an investor or owner seeking minimal day-to-day involvement.

Located near Bayswater, the restaurant enjoys high foot traffic, is within walking distance of major stores, and sits directly opposite the train station, providing excellent visibility and convenience for customers.

The business operates as a pizza shop offering takeaway, delivery, and limited dine-in service. While the focus is on takeaway and delivery, the restaurant can seat up to 50 people and is suitable for parties and functions.

Key Highlights

• Fully managed pizza and Italian restaurant
• Approximately 95 percent takeaway and delivery, 5 percent dine in
• High foot traffic location opposite a train station
• Major stores within walking distance
• Operating Tuesday to Sunday from 5pm to 11pm
• Fully managed operations including stock ordering
• Owner involvement limited to paying bills and preparing rosters
• Total of 13 employees
• Seating capacity for up to 50 people for functions and events
• Annual rent of $47,000
• Long lease of 15 years with 9 years remaining and an option to extend
• Owned since 2019

The business is fully run under management. Full training will be provided to the new buyer to ensure a smooth transition. The owner was married two years ago, the family is growing, and they no longer wish to work nights.

This is a fully managed Italian pizza restaurant with a strong takeaway and delivery focus, a prime location, and a long lease in place.

Enquire today to receive further information.

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Client No: W10106 Private sale, no contact by agents or marketers please. Last Updated 05 Jan 2026
Contact this seller
What's your enquiry about?
Client No: W10106 Private sale, no contact by agents or marketers please. Last Updated 05 Jan 2026