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Refer to Broker
$2,184,000
Currently on offer is a lucrative business opportunity in Melbourne’s thriving culinary scene. This well-established modern Italian restaurant, presents an ideal investment for a new owner seeking a turnkey business perfectly positioned for continued success.
*Taking $42,000 PW
*Strategic location opposite a thriving inner city cinema complex
*Established Since 2015
*Diverse menu offering
*Fully stocked cocktail bar
*Low Fixed Costs
*Beautifully Designed Interior
*7-day operation
Simon Sheridan at LINK Melbourne is excited to bring a longstanding Italian restaurant to the market. This esteemed modern Italian restaurant specialising in gourmet pizzas, presents an excellent opportunity for driven owners seeking to enter the thriving hospitality industry. Offering modern Italian cuisine in a beautiful setting, it stands as an outstanding business ready for a new owner to step into a legacy of culinary excellence.
Strategically nestled in a bustling area, it benefits from a prime location that ensures a steady flow of foot traffic. The affluent inner-city neighbourhood provides a sophisticated clientele, complemented by the restaurant’s proximity to a cinema.
This restaurant boasts a rich set of assets, from a fully stocked cocktail bar and coffee bar to a wine cellar. The outdoor heated alfresco table dining adds versatility to the seating options, providing a unique dining experience. With a fully licensed capacity for 120 customers, it is well-equipped to cater to a diverse range of events and dining preferences.
With the organic development of a nearby residential and retail area, it is positioned for increased patronage. Extended opening hours, potential post-movie drinks and consideration of a function room contribute to revenue expansion. Additionally, implementing online ordering, meal delivery services and strategic marketing, including social media promotions, open avenues for ongoing success.
To learn more about this business, contact me today. I would be glad to provide more details to qualified purchasers.
Listing ID: 17271
Broker: Simon Sheridan
Phone: +61 400 858 900
Email: simon.sheridan@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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