Wood Fired Pizza Italian Restaurant Licensed Prime Spot Eastern Suburbs Sydney

Eastgardens NSW
Asking Price $695,000
Revenue
Profit
About

FULLY LICENSED ITALIAN RESTAURANT - WOODFIRED PIZZA PREMIUM BUSY LOCATION - UNDER MANAGEMENT  
This restaurant sits in one of the busiest and most vibrant suburban strips in the Eastern Suburbs. Surrounded by popular local shops, cafes, supermarkets, and services, the business benefits from exceptionally strong foot and car traffic, with constant activity day and night.  
The area is densely populated with modern high-rise residential buildings filled with young professionals, students, and families who love dining out. This creates a steady, reliable customer base - especially for evening trade.  
The business is renowned for its authentic woodfired pizzas, quality Italian meals, and warm hospitality. It has earned high online review ratings, consistently praised for its amazing food, fully licensed bar, excellent pricing, and welcoming staff - all contributing to a fantastic dining atmosphere.  
This is a well-established, fully equipped, fully licensed restaurant operating under management, offering a strong highly profitable trial and a premium high-demand location.

KEY FEATURES

Fully Licensed - liquor sales $5k-$7k per week approx.  
$35,000 per week approx trial offered  
Authentic woodfired pizza oven - major attraction  
70-seat dining area  
Under management - minimal owner hours  
Excellent reviews - highly rated for food, value, and service  
Surrounded by busy suburban shops and continuous passing traffic  
High-rise residential area - strong young demographic that loves going out  
No demolition clause  
Owner operating for 8 years  
BAS & tax returns available

FINANCIAL SNAPSHOT (Approx.)

Takings: $35,000 pw  
COGS: $8,000 pw  
Wages: $10,000 pw  
Rent: $1,700 pw (incl. GST)  
Outgoings: $385 pw  
Owner's replacement wage: $785 pw  
Utilities: Gas + electricity approx. $334 pw

LEASE DETAILS

4 years remaining + option  
Annual increase 3%  
Bank guarantee approx. $21,000  
1 car space included  
Approved trading hours 8am-11pm

TRADING HOURS

Mon-Fri: 4:30pm-9pm  
Sat & Sun: 11:30am-9pm

ADDITIONAL BENEFITS

Strong evening trade due to young, active local population  
Fully equipped commercial kitchen with cool room, grease trap, ventilation  
Beautiful warm atmosphere + great staff culture  
Strong social media and review presence  
Perfect for an owner-operator or continue under management  
Potential to grow lunch trade, takeaway, delivery, catering

Important Notice - Buyer Identification Requirements  
In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.

Ref Num: 4134
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Listed By: Last Updated 30 Jun 2026
Contact this seller
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Listed By: Last Updated 30 Jun 2026