LINK Business Brokers Australia

About this Business for sale in Melbourne

Strategically located on a busy shopping strip in one of Melbourne’s most well known, desirable hospitality hot spots, this Middle Eastern restaurant and bar is surrounded by successful retail traders, booming restaurants and cafes, and experiences high rates of passing traffic daily. With no other Middle Eastern cuisine in the shops direct vicinity, the business has become the local go to destination for traditional Middle Eastern food at reasonable prices.

The 150sqm premises consists of three separate dining areas upstairs, downstairs, and outside, and boats a true Middle Eastern feel with all decor imported and produced overseas.

Key features include:

*Taking $21,000 per week
*Open 7 days per week only operating evenings for dinner menu
*Affordable $1.627 rent per week
*4 Year lease remaining
*Seats approximately 160 in and out
*Licenced

For more information contact Nadia Polzella from LINK, formerly Klemms on the below:
Phone: 0451 858 897
Email: nadia.polzella@linkbusiness.com.au

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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.

Listing: #ME01755
Price: $599,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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You may also be interested in...

Organic / Health Food Supermarket & Cafe SE Qld

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