Available for the first time in over 20 years, this beloved suburban institution is coming to the market.
Establishments of this calibre, stability, and community reputation are rarely surrendered, offering an incoming operator a turnkey, highly profitable business with an ironclad local legacy.
Situated in a desirable, foodie-centric shopping strip in the Inner South, the restaurant serves an exceptional menu of traditional Italian woodfired pizza and Mediterranean cuisine, complemented by a fully licensed bar.
With a welcoming indoor layout and highly sought-after alfresco outdoor dining, it has cemented itself as the ultimate neighborhood hub.
Why This Investment Stands Out:
– Exceptional Lifestyle Balance: Operating just 5 evenings a week (Wednesday to Sunday), the current owners enjoy their days entirely free. The business also completely closes for extended, well-deserved breaks over Christmas, Easter, and public holidays.
– Secured Future: Peace of mind is guaranteed with a brand-new 5×5 year lease already locked in at an incredibly affordable rent for the area.
– Robust, Proven Financials: Boasting a remarkable $3,498 per week in adjusted profit, backed by years of clear, verifiable financial records.
– Suburban Resilience: Positioned perfectly to capitalize on the modern shift toward premium suburban dining. Lower overheads combined with a deeply loyal, affluent, and captive local customer base ensure strong, consistent trade.
Growth & Opportunity:
While already lucrative in its current format, a motivated buyer could instantly scale revenue by expanding into breakfast and lunch trade, leveraging the strong daytime foot traffic of the surrounding cafes, or extending delivery platforms.
After two decades of stellar success, the founding owners are ready to slow down and take a well-earned retirement, paving the way for a passionate new owner to step into an immediate, secure income stream from Day One.
Make no mistake, this is a fantastic business that anyone who is ambitious to make a mark in the foodie scene in Canberra would love to own.
**Weekly**
Net Profit $3,498
Rent $1,038
