Restaurant for Sale in Milton, QLD — ~$70k Net Weekly — 18% Margin, 6.1% Rent, Lease to 2038

One of Brisbane's most recognised dining institutions has come to market for the first time in 33 years. Fully under management, generating close to $70,000 net per week, and anchored by a lease secured to 2038, this is a rare opportunity to acquire a business with a decades-strong loyal following in one of the city's most active entertainment precincts. A 4.4-star Google rating from over 1,000 reviews — and a reputation as Brisbane's best pizza — represents a brand equity that cannot be replicated. Turning over $69,730 per week net — approximately $3.63 million annually — the business delivers a net profit margin of approximately 18%, representing around $652,000 per year. Cost controls are exceptional: rent sits at just 6.1% of sales, and all other operating expenses fall within industry benchmarks. Wages (inclusive of super and workcover) at 40.28% and COGS at 29.89% reflect a high-volume, fully staffed operation running across three distinct service sections. Two leases secure the premises across two tenancies — one to 2038, the other to 2028 with extension anticipated to align both — delivering lease security and longevity rarely available at this level.

Two clear buyer profiles exist. For a hospitality group, this is a management-ready, highly profitable asset with a 33-year track record, sub-7% rent ratio, and lease certainty to 2038 — a passive income acquisition with proven stability and multiple levers for growth through catering. For an owner-operator or group stepping in directly, the upside is still greater: the $652,000 annual net profit is generated under full management, meaning an active operator can extract that return plus significant wages on top. With three decades of community goodwill, an unshakeable position in a stadium precinct with built-in recurring demand, and an established catering business ready to scale, this is a once-in-a-generation opportunity.