LINK Business Brokers Australia

About this Business for sale in Melbourne

Tucked away in the beautiful, leafy gateway of Eltham, this extremely popular restaurant is a classic Melbourne dining experience built on quality, comfort and community. With an extensive menu offering a mixture of woodfired pizzas and pastas, the business is a local hot spot dining destination and sees majority of it’s customers returning on a regular basis.

Located on a bustling main road in the heart of Eltham, the business is surrounded by residential properties, is in close proximity to major amenities, offers ample customer and staff parking, and experiences endless passing traffic daily. Eltham has fast become one of the most sought after residential suburbs in Melbourne and is set to experience continued growth year on, ensuring that the incoming Purchaser will see secure profits.

Key features include:

*Taking $70,000 per week
*Open7 days per week
*Reasonable rent at $2,307 per week
*Great 20 year lease with a very reasonable Landlord
*Beautiful 300sqm, fully equipped premises which includes a gorgeous outdoor seating area, newly installed air conditioners, a spacious dining area, and plenty of storage
*Seats 90 inside and 100 outside
*Licensed until 11pm
*Huge potential for growth
*Extremely high alcohol sales
*Very strong profits

This is an amazing opportunity to acquire an icon in the area, don’t miss out!

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: #ME02107
Price: $1,250,000
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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You may also be interested in...

Reputable Cafe Franchise in the Booming Northern Suburbs $239,000 (16658)

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Extremely Well Equipped Cafe, Restaurant and Bar in the Heart of South Yarra $95,000 (16648)

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