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Refer to Broker
Refer to Broker
Leading local Italian restaurant franchise in Australia and New Zealand
Established since 1985 in Melbourne VIC and now boasting over 25 stores.
This restaurant is located in the heart of the city, with a huge local and tourist clientele base.
Established for over 15 years in this location by the same owner.
Fully staffed and could be run under full management.
Large venue with fully equipped kitchen and bar including a seating capacity for over 120 people indoor and an outdoor undercover area.
Trading 7 days a week and fully licensed till midnight daily.
Turnover at over $1,850,000 p.a. 2023, with a great profit return.
Good long lease in place to 2027 plus 2 x 5-year option.
New franchise agreement on offer from the franchisor.
Selling due to other business commitments interstate.
REF: GC00018
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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