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NORTH PERTH, WA
Under Management Italian Restaurant | North Perth | $262,399 Adjusted Profit
New
Under Management Italian Restaurant | North Perth | $262,399 Adjusted Profit
WA
Food/hospitality · Restaurant
$550,000 + Stock
BUSINESS SNAPSHOT:- ROI: 47.7% on asking price- Revenue: FY26 $1,090,422 - up 9.8% on FY25- Adjusted Net Profit: $262,399 - up 27% on FY25- Trading Type: EBITDA- Gross margin 73.8%KEY DETAILS:- Fully under management owner 510 hours per week- Restaurant liquor licence in place - Lease to 2029 plus 5 + 5 year options (to 2039)- 3 dedicated car bays- Growth available in breakfast, lunch and pizzaAn established Italian restaurant in one of North Perth's best-known dining strips, trading since 2019 and returning $262,399 adjusted profit for the year ended 30 June 2026.This is a genuine under-management operation. The restaurant is run by its own management team, with the owner spending just 510 hours a week on payroll, supplier payments and oversight. A buyer steps into a working business, not a job.FY26 sales reached $1,090,422, up 9.8% on the prior year, with gross margin improving to 73.8% and adjusted profit up 27%. All 11 staff are paid within those numbers, so the return is what's left after a full team is on the floor.Best of all, the upside is untouched. The restaurant trades evenings only, leaving breakfast, lunch and a pizza offering wide open to a new owner. Add a long lease to 31 October 2029 with 5 + 5 year options running to 2039, plus three dedicated car bays, and you have a rare inner-city hospitality asset with both income and room to grow.The directors are selling because they have purchased several larger venues and need to focus their time and capital there. This is a clean sale of a profitable business, not a distressed exit.FOR SALE: $550,000 + StockContact the exclusive broker:Sam CravenBenchmark Business Sales & ValuationsM: 0478 832 601T: 1300 366 521If you d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6666 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations
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