Looking to buy:

Mamma Roma

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$380,000 WIWO

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About this opportunity

Mamma Roma is an authentic Italian experience nestled in the beautiful Picnic Bay on Magnetic Island. This fantastic restaurant offers a unique service to Magnetic Island as they are the only Italian cuisine on the Island, allowing them to capture the attention of visitors and locals looking for this experience. This rare opportunity to take over one of Island’s top restaurants also comes with the laid-back Magnetic Island lifestyle. If you are looking for a change of pace in your life and love authentic Italian cuisine, look no further than Mamma Roma!

Why should you consider this opportunity?
  • Well established (6 years)
  • Authentic Italian experience
  • Unique to Magnetic Island
  • Awesome reputation
  • Repeat clientele
  • Ideal location with beautiful surrounds
  • Popular holiday area
  • Insanely busy opening hours
  • Operates at full capacity 3 nights a week
  • Well renowned in the local community
  • Well-presented business
  • Profitable
  • Accountants’ figures
  • Great lease agreement
  • Systems and procedures in place
  • Easily run
  • Trades 6 nights a week
Business Story

Mamma Roma offers various wood-fired pizzas, pastas, appetisers, desserts, and sides, all staying true to how Italian cuisine is meant to be made. The restaurant has earned multiple awards from TripAdvisor and Restaurant Guru as being the best takeaway business in North Queensland for many years running, just showing the incredible quality of food they are putting out here. With these awards and the fantastic reviews on their Facebook and previously mentioned review pages, it is no wonder the business is turning an incredible profit.

The business operates out of a building on The Esplanade in Picnic Bay. Being right on the beachfront gives customers a fantastic ocean view accompanied by the lights from the city of Townsville as they enjoy the magnificent food. The location is easily accessible for anyone staying or living in the Picnic Bay area and its surrounds. The building has been renovated recently with a brand-new canopy exhaust system, new fridges, new sinks, a renovated kitchen, new tiling, and a freshly painted interior and exterior. All these renovations have brought the restaurant to the next level in both presentation and operation, all it needs is a new owner to take the reins.

Once the business becomes yours, you will receive a generous tuition period from the current owner that will allow you to operate the restaurant to the incredible standard it is at currently. The current owners will assist you every step of the way during the training period and are even willing to stay on in a limited capacity to help you take full advantage of the restaurant’s potential.

Being in Picnic Bay, this is a high growth area with over 20 new holiday apartments being in construction on The Esplanade. Further growth opportunities for the restaurant lie in liquor licencing, extending trading hours to breakfast and lunch, and scaling up the events portfolio for weddings and parties. There is also a third shop space attached to the building that can be used solely as a takeaway section for Mamma Roma.

The current owners of the business have been operating Mamma Roma since 2016 and are reluctantly selling this fantastic opportunity due to a need to focus on other aspects of life. If this awesome opportunity interests you, give us a call today!

Want to find out more about this business for sale?

Contact Denny Leet
ph. 0409 639 366
e. [email protected]

or contact Arley Leet
ph. 0427 427 863
e. [email protected]