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Food and hospitality

Restaurant for sale, Toowoomba QLD

RestaurantToowoomba, QLDEstablished 1990

Asking price
$80k

About the business

An Italian restaurant and pizzeria in Toowoomba's central location near shops and the cinema. The venue has a well-established reputation among locals and has been recently upgraded with improved kitchen facilities and a new event space accommodating 30 people. Licensed to serve alcohol with an approximate floor area of 140 square metres.

Currently closed since late October due to personal reasons but ready for a new operator to reopen under the Italian theme or reimagine the concept. Lease at approximately $55,000 per annum including GST and outgoings. Suitable for an experienced restaurateur or savvy operator.

What transfers with the sale

  • Equipment
  • Furnishings
  • Alcohol license

Day to day

Premises
Leasehold, approximately 140 m2, rent approximately $55,000 per annum including GST and outgoings
Reason for sale
Owner closure due to personal reasons

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