LINK Business Brokers Australia

About this Business for sale in Melbourne

Established for over 18 years, this double-storey Greek restaurant is an institution within the community and hugely popular among locals. Positioned on a busy main road shopping strip in the heart of Malvern, the restaurant is nestled in between many successful hospitality and retail outlets, sees enormous amounts of passing traffic daily, is in close proximity to several public transport options, and is surrounded by plenty of parking. The affluent area is highly sought after and is bustling at all hours of the day.

Set up to perfection, the restaurant is spread over two levels with 120sqm of floor space lending itself to a spacious dining room, function space, a well-equipped kitchen, separate dry goods kitchen, and bathrooms on both levels. Refurbished only 5 years ago, the business is set to impress even the fussiest of buyers and also provides the Purchaser the opportunity to change the cuisine if desired.

Key features include:

*Taking $12,000 per week
*Open 5 days per week, closed Monday and Tuesday
*Short hours 5pm-10pm
*Reasonable $1,802 per week rent
*Secure 10 year lease
*Solid trading history, great reputation
*Prime location in a highly desired affluent suburb, surrounded by key amenities

The Vendor is looking for a walk in walk out sale with an immediate start.

For more information please contact Con Tsonis from LINK on the below:
Phone: 0411 744 466
Email: con.tsonis@linkbusiness.com.au

OR

For more information please contact Alam El Basha from LINK on the below:
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au

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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.

Listing: #ME02097
Price: $79,500
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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You may also be interested in...

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