Price
$650,000 + SAV
Profit *
Refer to Broker
Sales Revenue
$1,700,000
Location
Darebin, Bundoora
Category
Food/Hospitality, Takeaway Food
Listing #
ME03368
LINK Melbourne presents an exciting opportunity to own a fully managed Greek street food restaurant in Melbourne's northern suburbs. Established in 2022, the business has rapidly built a devoted customer base through authentic flavours, quality ingredients, and a welcoming atmosphere that celebrates traditional Greek hospitality.
The business specialises in souvlaki, gyros, and classic Greek street food favourites, complemented by fresh salads and traditional sides that keep customers returning week after week.
Built just four years ago, the restaurant features premium equipment and a modern aesthetic that requires no further capital investment. The kitchen is fully equipped to handle current volumes with room to expand, whilst the dining areas provide an inviting space for both dine-in customers and those seeking quick takeaway service.
Under management, the owner works minimal hours, focusing primarily on high-level oversight rather than day-to-day involvement.
*Revenue $1.7 million PA; taking $34,000 weekly
*Rent $4,689 PM; 5x5x5-year lease (commenced 2021)
*Brand-new $300,000 fit-out and equipment—all owned, no encumbrances
*Fully managed operation
*Contemporary 117 sqm premises; 40 seats
*High-traffic commercial precinct location
*Open 6 days
Don't let this opportunity pass! Contact John today to explore this exceptional business.
Listing ID: ME03368
Broker: John Zhang
Phone: 0419 366 236
Email: [email protected]
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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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