This business is a well-established Greek Mediterranean restaurant with a strong local and online reputation for its high-quality, unique fare. It has been operating since 2017 and has become a favourite among locals as it does not have many competitors in the area. It is easy to operate and highly profitable, well-suited for Purchasers seeking a reputable and thriving business in a highly exposed location!
*Taking $11,000 PW
*$250,000 worth of P&E
*Office space available for use or rent out
*11 pm liquor license
*80 seats (inside and out)
Kristy and Nick Kolaitis and the team at LINK Melbourne are thrilled to present a well-established Greek Mediterranean restaurant to the market.
It is a contemporary business that specialises in Greek Mediterranean cuisine with a loyal customer base positioned in an enviable, affluent eastern suburb.
It occupies a highly exposed location, surrounded by hospitality and specialty establishments, public transportation stations and other key suburb amenities.
It is exquisitely fitted with a full open commercial kitchen, a leafy rear courtyard function space, ample storage areas, toilets, private function rooms and a stunning, newly renovated fit-out costing over $85,000.
It also has seats for over 80 customers, making it the perfect venue for intimate events and functions.
The business has good systems in place and only operates nearly 5 hours, five days per week. Notwithstanding its successful trading history, it presents tremendous potential for further growth, needing only increased marketing or the extension of its trading days and hours.
This local gem is fully set up and is ready for operations with not a cent to spend! Give us a call today to secure this solid business opportunity!
Listing ID: 16866
Broker: Kristy and Nick Kolaitis
Phone: +61 3 9819 4211 / +61 421 136 415 (Kristy) / +61 411 428 161 (Nick)
Email: firstname.lastname@example.org / email@example.com
*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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