LINK Business Brokers Australia

About this Business for sale in Melbourne

Serving top-quality food for over 50 years, this family-operated restaurant has become an institution within the area and is extremely popular among locals and tourists alike.

Strategically located on a busy main road in Richmond, the restaurant is surrounded by successful retailers including bars, cafes, restaurants, service stations, supermarkets and much much more. The business experiences large rates of passing traffic at all ours and has an excellent social media following, as well has hundreds of 5 star Google reviews.

Key features include:

*Taking $40,000 per week
*Huge profits
*Well equipped and fitted including a full commercial kitchen, 2 bars, a function room, and outside seating
*Open 7 days per week, dinner only
*Reasonable $1,010 rent per week
*15 Year lease in place
*Excellent reputation
*1am Liquor license
*Seating for 60 in and out

For more information please contact Ken Bouchebli from LINK, formerly Klemms on the below:
Phone: 0406 966 455
Email: ken.bouchebli@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: #ME01638
Price: $950,000
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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