Price
$630,000
Profit *
Refer to Broker
Sales Revenue
$988,000
Location
Frankston, Carrum Downs
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
ME03155
This successful Italian restaurant is strategically located in a bustling industrial and commercial district, surrounded by diverse businesses. Positioned near major arterial roads, it offers seamless accessibility. Adjacent to a high-traffic center, it benefits from strong footfall driven by prominent retail anchors.
*$988,000 annual revenue
*$200,000 annual net profit
*5+5+5 years lease
*300 sqm premises
Nick Kolaitis and the team at LINK Melbourne are delighted to introduce this successful Italian restaurant to the market. Specializing in breakfast and lunch, the restaurant showcases authentic Italian pasta dishes complemented by premium steak and lamb, all presented in an elegant setting with a superb ambiance. Spanning 300 sqm, the premises include a fully equipped commercial kitchen.
The business has a great fit-out and a welcoming atmosphere with contemporary styling and warmth throughout. The premises feature a café area, dining room and al fresco area, appealing to the varying tastes and preferences of customers.
Strategically located, the business is in an industrial and commercial area with various establishments operating in the vicinity. The property is strategically positioned near major roads, increasing accessibility. The area serves as a significant commercial hub within the suburb, contributing to the local economy.
Do not let this opportunity slip away! Call Nick Kolaitis to learn more about this business.
Listing ID: ME03155
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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