Miami, QLD 4220

Food/Hospitality
Price: $129,000 - $141,900 + SAV
33-Year Legendary Italian Pizza Restaurant & Takeaway – Gold Coast
The Phone Code for this property is: 37157. Please quote this number when phoning or texting.

An excellent opportunity to acquire a successful, family-owned Italian restaurant and takeaway that has been proudly serving the Gold Coast since 1993.
With more than 33 years of continuous trading history, this iconic local establishment has developed massive brand recognition, an incredibly loyal customer base, and an immaculate 4.8-star Google rating.
The venue specialises in Italian-style gourmet pizza, pasta, and ribs, with BYO dine-in, takeaway, and delivery providing multiple established revenue streams. This is a fully turn-key operation with the infrastructure, commercial equipment, menu, and client base already firmly in place. It provides an incoming owner with a massive head start over starting a new restaurant from scratch.
Miami Location – Light Rail Now Operating
A major recent boost to the area is the completion and formal opening of the Gold Coast Light Rail Stage 3 extension. The new Miami station is now fully operating, right on the doorstep of the venue.
This station provides seamless public transport connectivity to the immediate precinct and effortless accessibility for local residents, tourists, and customers. With the major construction phase completely finished, the business is perfectly positioned to reap the immediate financial rewards of increased foot traffic and the ongoing coastal development of Miami.
Key Business Features
• 33+ Year Track Record: Decades of trading history and unmatched local goodwill.
• Flawless Online Reputation: A strong 4.8-star Google rating reflecting years of consistent customer satisfaction.
• Unbeatable Low Rent: Highly attractive occupancy costs at approximately $4,300 per month (which remarkably includes GST and outgoings).
• Fully Fitted Commercial Setup: Equipped and ready for immediate continued operation, featuring premium infrastructure including dual commercial pizza ovens.
• Walk-In Walk-Out (WIWO): Offered on a straightforward WIWO basis, excluding stock at valuation.
• Loyal, Experienced Staff: The established Head Chef and kitchen/floor staff are willing to remain with the business, subject to mutually agreed arrangements with the new owner.
• Intimate Dining Layout: Approximately 18 indoor seats plus up to 12 alfresco seats, providing a highly manageable, low-overhead hospitality environment.
• Lifestyle Trading Hours: Currently operating just 5 nights per week (Dinner only), offering a fantastic work-life balance for an owner-operator.
• Comprehensive Transition & Training: The current owner is prepared to provide a thorough handover period to ensure a seamless transition of recipes, systems, and operations.
Genuine Growth Opportunities
The business has historically been operated on a relaxed, limited schedule to suit the current owner’s lifestyle. This leaves immediate, highly lucrative profit areas that a motivated buyer can instantly unlock:
• Liquor Licence: The venue is currently unlicensed. Introducing wine and beer sales would instantly complement the dine-in menu and dramatically boost average table spend.
• Extended Trading Days: Expanding the trade from 5 nights to 6 or 7 days a week to capture heavy weekend demand.
• Lunch Trade: Capitalizing on the newly opened Light Rail station foot traffic by introducing a fast-casual daytime lunch or slice menu.
• Delivery & Digital Scaling: Expanding the current delivery range through targeted local marketing and optimized online platform strategies.
• Catering & Functions: Leveraging the existing high-volume kitchen infrastructure to capture private parties, corporate events, and sporting club functions.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
    Views
  • Last 24 Hours4
  • Last 7 Days13
  • Last 30 Days13
Contact the Owner
Phone or Text: 0488 847 018
Enter Phone Code: 37157

"*" indicates required fields