Currently on offer is an Indian restaurant in a busy residential suburb to the north of Melbourne. It is a strategically located retail centre positioned in Craigieburn’s ‘Southern Activity Centre’, enabling it to be exposed to high rates of traffic daily.
*$20,000 average weekly takings
*7+7 years lease
*$350,000 worth of plant and equipment
Nick Kolaitis and the team at LINK Melbourne are thrilled to bring this Indian restaurant to the market. It is ideally located in a retail centre with a very exposed corner position.
The business is an Indian restaurant serving authentic dishes with great Punjabi Dhaba-style cooking. It is famous for late-afternoon drinks at the bar and a get-together with friends.
Aside from dine-in, the business offers takeout and delivery to extend its reach beyond its immediate vicinity. Enabling the business to benefit from accessibility is on-site parking with 50 spaces. There is also free council car parking in the surrounding area.
Operating the business are four full-time staff members, two casuals and two part-time working owners. Each owner works only 15 hours per week.
To learn more about this opportunity, contact me today! I would be thrilled to provide more details to qualified purchasers.
Listing ID: 17317
Broker: Nick Kolaitis
Phone: +61 411 428 161
*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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