Price
Refer to Broker
Profit *
$315,000
Sales Revenue
$2,195,762
Location
Port Philip, St Kilda
Category
Food/Hospitality, Restaurant
Listing #
ME03285
This is an exceptional opportunity to acquire an established and popular restaurant in one of Melbourne’s most iconic dining precincts, offering great returns and significant expansion potential.
Located in St Kilda, this well-established restaurant occupies a prominent site. It features 180 sqm of beautifully designed space with a desirable orientation that ensures abundant natural light throughout the day. The business has operated successfully for more than a decade, building a loyal following of satisfied customers.
*$2.1 million annual revenue.
*Seating 95 inside and 62 outside.
*180sqm premises.
*Liquor licence until 3:00 am; maximum capacity of 196 patrons.
*5+5+5-year lease, commenced 2023.
*Comprehensive fit-out with a fully equipped commercial kitchen.
This is an ideal opportunity for an owner operator, business partners or an established hospitality group looking to acquire a great venue in a prime location.
Contact Walter Beauvais today to secure this gem before it's gone!
Listing ID: ME03285
Broker: Walter Beauvais
Phone: 0460 301 983
Email: [email protected]
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.
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