Price
$180,000 + SAV
Profit *
Refer to Broker
Sales Revenue
$364,000
Location
Whittlesea, Mernda
Category
Food/Hospitality, Restaurant
Listing #
ME03334
This is an exceptional opportunity to acquire a premium restaurant with a magnificent fit-out valued in excess of $950,000, strategically positioned in one of Australia's fastest-growing residential corridors.
This restaurant specialising in South Asian cuisine is located next to a supermarket in a bustling shopping complex, benefiting from high passing traffic and excellent visibility on a main road. The area continues to experience rapid residential development, with new housing estates constantly emerging, creating a growing customer base.
The business features a state-of-the-art commercial setup that is virtually brand new, with recent investments in premium equipment, including a $40,000 pizza oven, new woks and tandoor. The venue offers both indoor and outdoor dining with a liquor licence, providing multiple revenue streams and operational flexibility.
*Annual revenue of $364,000
*Premium 565 sqm premises
*Fully licensed venue for up to 280 people
*Secure 10-year lease from September 2023 to August 2033
*Adaptable to any cuisine type
Contact Nick Kolaitis today before others learn of this exceptional business!
Listing ID: ME03334
Broker: Nick Kolaitis
Phone: 0411 428 161
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.
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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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