Currently on offer is a thriving restaurant that has been operating since 2019, captivating guests with its idyllic beachside setting. The business currently serves traditional Greek cuisine and boasts a prime location with an established reputation as the go-to destination for those seeking a unique dining experience paired with stunning ocean views. Overall, this business presents tremendous potential for growth and adaptability as a restaurant, bar or cafe.
*Taking $15,000 PW
*200 sqm premises
*Licensed premises (until 11 pm)
*P&E worth $150,000
*4.6/5 Facebook reviews
Gerry Morelli and the team at LINK Melbourne are thrilled to present a well-established restaurant to the market.
Nestled in a prime location, the business occupies a standalone corner property, exposing it to high volumes of foot traffic daily. Being in a beachside location enables it to attract both locals and tourists, drawn in by its enticing ambience.
The business has fully equipped premises with a full bar and commercial oven, in addition to other fittings that are provided by the landlord. It also has systemised beer tap lines, offering an impressive range of international brews.
The dining area accommodates up to 80 guests inside and an additional 40 outside, providing customers with a comfortable dining experience each time. This also presents an opportunity for the incoming owner to expand revenue streams through catering and private events.
Given the business’s established corner location directly opposite the beach, savvy operators will immediately recognise the additional revenue opportunities to extend from dine-in to take-away, coffee, casual bar seating and beyond.
With a loyal customer base already established, the business’s foundation for success is in place. Don’t miss out on this exceptional opportunity in a bustling Inner-city location.
Contact Gerry today to know more.
Listing ID: 17077
Broker: Gerry Morelli
Phone: 0417 353 120
*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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