Price
$650,000
Profit *
$695,000
Sales Revenue
$2,184,000
Location
Hume, Craigieburn
Category
Food/Hospitality, Restaurant
Listing #
ME03328
Presented is an extraordinary opportunity to acquire a highly profitable restaurant that has rapidly established itself as a local favourite since opening in 2024. With exceptional financial performance and brand-new infrastructure, this turnkey operation offers immediate returns for the right operator.
Located on a main street in Melbourne's growing north, the business enjoys excellent visibility next to major retailers, including a pharmacy, with convenient car parking for customers. The area serves both residential and commercial customers, exposed to strong foot traffic throughout the week.
The venue features a premium fit-out, operating seven days from 9:00 am to midnight. All equipment is owned outright and virtually new, including a charcoal grill, walk-in coolroom, freezer room and commercial display fridges.
*$2.18+ million annual turnover
*SDE at $695,000
*Nearly new business; established in 2024
*Fully managed operation with 10 full-time staff
*All equipment owned and less than 10 months old—premium condition
*Seating for 110 patrons (indoor and outdoor) with a full liquor license until 11:00 pm
*Strong shisha sales; strong revenue diversification
*15-year lease until 2039; rent at $9,000
Brand new infrastructure, proven profitability, and unlimited potential—this is a rare find! Contact Ken Bouchebli today to secure this exceptional opportunity.
Listing ID: ME03328
Broker: Ken Bouchebli
Phone: 0406 966 455
Email: [email protected]
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.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
"*" indicates required fields
