Price
$595,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02263
Known for its excellent Middle Eastern fare, this business is one of the most popular shisha lounges in Melbourne. It has a superb reputation both online and off due to its popularity among both locals and tourists. It’s easy to operate and fully managed, making it ideal for ambitious investors who want to reap rewards with minimal effort!
*$30,000 in takings PW
*15 Kg of coffee sold PW
*$450,000 worth of P&E
*$1,000 in UberEats Sales PW
*Fully under management
*Up to 10 years lease (commenced 2022)
*Substantial seating capacity (205 seats)
*4.1/5 on Google (based on 1,000+ reviews)
Nouha Mohtadi and the team at LINK Melbourne is thrilled to introduce a highly profitable Middle-Eastern restaurant and shisha lounge to the market.
It occupies a prime site within the CBD, adjacent to other thriving businesses, public transportation and key suburb amenities. Ample car parking is also in its area, offering customers the convenience of access to its premises.
Its 320 sqm two-story building houses a cafe and dining area, an upstairs shisha lounge, an outside seating area, a commercial kitchen, and ample storage space. It also has high ceilings, which could be converted into a rooftop patio.
Notably, it boasts an exquisite, recently refurbished fit-out with contemporary Middle-Eastern décor. No additional capital outlay is required after settlement, as all assets necessary for running the business will be included in the sale.
Don’t miss out on this lucrative business opportunity or be sorry! I’m excited to discuss this offer with you, so please get in touch.
Listing ID: 16800
Broker: Nouha Mohtadi
Phone: +61 3 9819 4211 / +61 411 755 568
Email: [email protected]
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
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.
To find out more, complete an online confidentiality agreement by clicking the button below.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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