Managed Indian Restaurant S/East - Netting $500K+

Price

$775,000

Profit *

$513,538

Sales Revenue

$2,112,838

Location

Eastern Suburbs - Victoria, Narre Warren

Category

Food/Hospitality, Restaurant

Listing #

ME03237

Narre Warren Restaurant Business for Sale
Narre Warren Restaurant Business for Sale

About this business for sale in Eastern Suburbs - Victoria, Narre Warren

This highly popular, fully managed Indian restaurant occupies an unbeatable prime location surrounded by major hospitality brands, exposing it to exceptional traffic rates daily. It features a stunning 500 sqm premises expertly fitted out to seat 120 patrons. The owner is relocating overseas, presenting a rare opportunity to take over a proven high-performer with a rock-solid foundation.

*Run by a skilled team, including 4 experienced chefs
*Top Indian restaurant in a booming South-East suburb, well   established for 7years.
*Live music on weekends – ideal venue for functions and events
*Licensed for 372 patrons with indoor seating for 120
*Premium plant and equipment, all in excellent condition
*Generates over $40,000 in weekly revenue
*Long and secure lease
*Strong financials with fully verifiable income

This successful food and beverage operation has plenty more room to grow under a motivated new owner—now available for $775,000.

For more information, please contact Sanjay Agrawal.

Listing ID: ME03237
Broker: Sanjay Agrawal
Phone: 0402 023 502
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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