Zizzi’s Italian Bar & Grill – Townsville CBD

January 15, 2019


Business Overview
Zizzi’s Italian Bar & Grill is a licensed Italian restaurant ideally located in Townsville’s Flinders Street Entertainment & Dining precinct at 241-245 Flinders Street, Townsville City. This dine in or takeaway restaurant is conveniently situated close to the mall, entertainment, clubs and accommodation units.

The business was originally established 6 years ago and has been owned by the seller since October 2014.

Due to the seller urgently requiring knee surgery with a long recuperation period, the business ceased trading on 5 February 2019 and the price of the business has been significantly reduced to find a buyer of the fitout and setup asap. 

Zizzi’s Italian Bar & Grill has seating for 80 diners inside the air conditioned restaurant, as well as alfresco seating on the footpath for a further 25 diners. The restaurant has a separate function room and functions for groups of up to 100+ guests can be catered for. The business holds an outdoor seating permit from the Council and has designated car parking to the rear of the building. The quality fitout and equipment are in great condition and the List of Plant & Equipment being sold with this business is extensive.

A ‘pop up’ kebab shop (formerly Solomon’s Kebabs) is attached to the restaurant and is also included in the sale.

The delicious menu on offer includes gnocchi, lasagne, ravioli and everyone’s favourite pasta dishes with a variety of rich sauces that complement them to perfection. A wide range of pizzas are served, as well as salads, lamb, chicken and salmon options.

Trading Hours
Lunch is available Tuesday to Friday from 12pm – 2pm and dinner is available from 5.30pm Tuesday to Saturday.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Well established restaurant with excellent reputation
  • Quality fitout and furnishings
  • Great location in Flinders Street Entertainment & Dining precinct
  • Liquor licence and Council permit for alfresco dining on footpath
  • Well established Facebook page with over 4,500 followers
  • Well established Instagram page with over 300 followers
  • 4 out of 5 star rating on Tripadvisor with 217 reviews
  • Extensive equipment list is included in the sale
  • Designated car parking to the rear of the building
  • Pop up kebab shop included in the sale
  • Areas to expand profitability

Business Price
Zizzi’s Italian Bar & Grill is being sold on a walk in walk out basis for $110,000 including GST.

To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan  Butler – 0419 905 463 or susan@beyond2000.com.au
  • Margaret Butler – 0419 664 349 or margaret@beyond2000.com.au