Established Restaurant and Commercial Property - Cullen Bay, Darwin, NT
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About this business
In the broker's words
Full description, as written by the brokerPRIME WATERFRONT LOCATION - ESTABLISHED BRAND AND CUSTOMER BASE
Don’t miss this opportunity to acquire a well-established hospitality business in one of Darwin’s most prestigious waterfront locations.
Trading for 33+ years, this much-loved venue offers an established reputation, loyal customer base and significant potential for growth.
Currently operating at approximately 50% of its potential capacity, Eat-A-Pizza has a solid foundation in place and is ready for a new owner with energy and fresh ideas to take it to the next level.
BUSINESS HIGHLIGHTS
- Prime position in the highly regarded Cullen Bay precinct - one of Darwin’s most desirable locations
- Sale includes the ground-floor strata-title commercial property, established business, equipment, furnishings and stock
- Fully licensed - beer, cocktails and wine on-site, plus BYO wine for a small corkage fee
- Loyal local customers, regular visitors and tourists
- Close to hotels and accommodation - a key advantage during the dry season when tourist numbers surge
- Approx. 265 sqm of floor space, seating for around 150 guests
- Newly renovated, fully covered outdoor dining area for year-round use
- Recent upgrades include a brand new pizza oven, new storage shed, ice machine, outdoor lounge furniture and weatherproof blinds
- Extensive commercial kitchen equipment, refrigeration, furnishings and fixtures
- Trading approx. 18.5 hours per week - closed Mondays, Tuesdays, public holidays and approx. 8 weeks over Christmas/New Year
- Owners selling to spend more time with family
- Financial information available to qualified buyers on request
Multiple opportunities to increase revenue and profitability by extending trading hours, introducing new menu options and dining experiences, expanding delivery and building relationships with nearby hotels and tourism operators.
PRICE: $1,500,000 including property, business, equipment & stock
Location
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