Price
$500,000
Profit *
$245,971
Sales Revenue
$1,716,000
Location
Port Philip, St Kilda
Category
Food/Hospitality, Takeaway Food
Listing #
ME03416
This is an exceptional opportunity to acquire a popular Vietnamese restaurant on one of Melbourne's most iconic dining strips. Generating an impressive annual revenue of $1,716,000 with a net profit (EBITDA) of $245,971, this established business occupies a prime location, benefiting from consistent high foot traffic and a strong local following.
Operating since the mid 2010s, the business presents authentic Vietnamese street food in a modern, light-filled 114 sqm premises featuring polished concrete floors, exposed ceilings and full-height glass frontage creating excellent street visibility. With 44 indoor seats plus 8 outdoor, the venue delivers strong dine-in trade alongside robust delivery revenue averaging $1,415 weekly through DoorDash and additional platforms.
*Annual revenue of $1,716,000 with net profit (EBITDA) of $245,971
*Prime location with strong street exposure
*Modern fit-out with contemporary finishes and excellent natural light
*Liquor license with extended trading hours available
*New long-term lease available (4+4+4 or 5+5+5 options)
Contact Nick Kolaitis today because this business won’t be on the market for long!
Listing ID: ME03416
Broker: Nick Kolaitis
Phone: 0411 428 161
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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