Price
$199,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME02177
Currently on offer is a popular Italian restaurant situated on the intersection of two major thoroughfares. It specialises in pizza and pasta, offering a diverse menu with ample selection for customers with varying tastes.
*$24,000 average weekly takings
*7-day operations
*10+5+5-year lease agreement
Walid Hijazi and the team at LINK Melbourne are thrilled to bring to the market this busy Italian restaurant, featuring authentic and delectable Italian cuisine. Its signature food items include wood-fired pizza, a wide range of pasta options and many other selections to satisfy every palate.
The premises of the business span 350 sqm and are tastefully decorated with a rustic charm, evoking a cosy and relaxed atmosphere. It has ample seating with 100 downstairs, 85 upstairs and 16 outside seats.
The business occupies an excellent commercial location on the corner of two major thoroughfares. As such, it is highly accessible to customers and is exposed to high rates of traffic daily.
Operating the business are four full-time staff members and seven casuals. It is operated fully under management, enabling lifestyle flexibility for owners. Conversely, owners desirous of being involved in operations may do so and potentially explore growth opportunities.
To learn more about this exciting opportunity, contact me today. I would be glad to share more details with qualified purchasers.
Listing ID: 16689
Broker: Walid Hijazi
Phone: +61 3 9819 4211 / [email protected]
Email: +61 421 379 497
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
