Price
$59,900
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Stonnington, Prahran
Category
Food/Hospitality, Restaurant
Listing #
ME03222
Turnkey Japanese Restaurant – Prime Prahran Location
Step straight into a stylish, fully-equipped Japanese restaurant in one of Melbourne’s most affluent and high-traffic shopping strips. This turnkey hospitality business is ready to trade from day one without the hefty setup costs.
Key Features:
– Fully fitted commercial kitchen with premium equipment; nearly brand-new fit-out (all assets under 2 years old, fully owned)
– 130 sqm venue with contemporary Japanese-inspired design, modern décor, dining area, and beautiful backyard for functions
– Current lease until May 2027, with optional 3+3 year extension. Landlord open to discussion
– Affordable rent: $5,746 + GST per month, excellent value for Prahran main strip
– Full liquor licence and full food permits (including licensed footpath trading until 1:00 am). Perfect for dinner, functions and late-night trade
– Prime main road location with high foot traffic and affluent clientele
– Google Reviews 4.8, strong online reputation
– Established social media accounts and loyal customer base included in the sale
Business Highlights:
– Operates 4 nights per week, offering an ideal lifestyle and business balance
– Immediate opportunity to extend trading hours and increase revenue
– Save over $80,000 on fit-out costs compared to building from scratch
Reason for Sale: Relocating interstate due to family commitments
Price: $59,900. Opportunities like this will not last
Act Fast: This is your chance to secure a hospitality-ready venue at below setup cost. Contact Simon on 0400 858 900 today. First in, best dressed.
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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