ICONIC WELLINGTON RESTAURANT FOR SALE

An iconic Italian restaurant owned by a well-known Wellingtonian is on the market. Located at 30 Courtenay Place in central Wellington’s premier hospitality strip, Pizzeria Napoli has built a first-class reputation for its authentic food, friendly atmosphere, and excellent Italian-style service.

“We are really excited to be marketing this business,” said Joseph Lupi, owner of Century 21 First Choice Realty. “Everyone knows Pizzeria Napoli on Courtenay Place! Its current owner, Raffaele de Gregorio, is equally well known being an ex-All Whites midfielder and former Wellington football captain.”

The restaurant’s compact premises enjoy excellent table turnover as well financial turnover, helped by the fact the business employs well trained, reliable, and established staff. As well as having a great reputation for its woodfire pizzas and pasta dishes, the business has strong books showcasing excellent profit margins.

“Pizzeria Napoli is a busy restaurant and seriously a good business where the next owner could set themselves up for life, achieve a lot of satisfaction, and have some fun along the way.”

The business has a EBIDTA of $280,000 per annum (excluding owner salaries).

Information pack available on execution of NDA. Deadline for offers: 12 noon on 5 May 2018 at the offices of Century 21, Level 7, 32-34 Kent Tce, Wellington.

To view the listing, visit http://www.century21.co.nz/property/commercial/buy/nz/60/te-aro/430135