Price
$120,000
Profit *
Refer to Broker
Sales Revenue
$520,000
Location
Yarra City, Fitzroy
Category
Food/Hospitality, Restaurant
Listing #
ME03446
This is a rare opportunity to acquire a fully equipped, licensed restaurant in one of Melbourne's most dynamic and sought-after inner suburbs. With a distinctive concept built around fresh, house-made pasta served by the metre, the business offers something genuinely different in a competitive hospitality market.
Situated on one of Melbourne's most recognised dining and entertainment strips, the business benefits from strong foot traffic, a loyal local community, and a suburb celebrated for its vibrant culture, street art, live music, and annual events. This location alone represents a significant asset for any incoming owner.
*Taking $520,000 per annum
*2+1+1 years lease; $6,695.83 per month
*Fully equipped commercial kitchen (with walk-in cool room and freezer, pasta machine, two 6-burner stoves, Henny Penny deep fryer, turbo fan oven, and 4-burner grill)
*Liquor licence with extended trading hours
*279 sqm premises; indoor seating for 70+ guests
*Two full-time and one casual staff
Contact Nick today to secure this unique hospitality opportunity!
Listing ID: ME03446
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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