Currently on offer is an Italian restaurant that opens only for dinner. It benefits from being along a busy shopping strip, enabling it to be exposed to high rates of traffic daily.
*$8,000 average weekly takings
*5 + 5-year lease
*$769 weekly rent
*Cosy traditional fit out
*Full commercial kitchen
*Central Main Street location
Nouha Mohtadi and the team at LINK Melbourne are thrilled to bring this Italian restaurant to the market. It has been operating only since 2020 but has gotten to a good start, becoming popular in its local rea. The business operates only at night five days a week, enabling lifestyle flexibility for its owner.
The business is located along a busy shopping strip with strong foot and vehicle traffic. It is highly accessible due to having ample vehicle parking. The business is able to extend its reach from its immediate location due to offering deliveries through UberEATS.
Newly renovated. It features an attractive courtyard, a full commercial kitchen and seating for up to 64 customers. There is ample demand for the business to open for lunch to potentially increase revenue.
Operating the business are a working owner-operator, one full-time staff member and two part-timers. Tasks involved in operations are simple enough not to require a large team size, enabling the business to save on wage costs.
To learn more about this incredible opportunity, contact me today! I would be glad to provide more details to qualified purchasers.
Listing ID: 17176
Broker: Nouha Mohtadi
Phone: +61 411 755 568
*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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