2/99 Griffith Street

Coolangatta QLD 4225

KEY FEATURES:

Award-winning: Best Italian Restaurant on the Gold Coast, 2025 (OpenTable)
Recently renovated: Modern and inviting interior with updated design and finishes
Brand-new Moretti oven: Premium Italian oven delivering consistent pizza perfection
Authentic Italian cuisine: House-milled organic flour, fresh ingredients, and traditional recipes
Large alfresco area: Council-approved outdoor street dining adds to the venue's charm and customer appeal
Total seating capacity for 95 patrons across spacious indoor and outdoor dining areas (approx. 140 sqm)
Prime location: On high-visibility Griffith Street, surrounded by retail, residential, and tourist activity
Flexible trading hours: Open 6 nights a week for dinner only (5pm11pm) excellent potential to expand to breakfast and lunch
Strong financials: Solid revenue with increasing year-on-year growth and high profitability
Streamlined team: Owner-managed with a team of four, ideal for easy handover or operational scaling
Long secure lease: Through to 12/2027 with a 4-year option
Affordable rent and excellent foot traffic in a premium tourist destination
Fully equipped kitchen and bar, suitable for any cuisine
Top online ratings and strong local following

This is a turnkey opportunity for an experienced operator or savvy investor looking for a prestigious, profitable business in a thriving coastal hot spot. The owner is selling due to another business opportunity and is open to price negotiation. $320K - WWO

Genuine reason for sale inspections will impress.

A Confidentiality Agreement must be completed before further information will be disclosed.

For full details contact Exclusive Commercial Marketing Agent, Peter Antony.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.