Popular & Established Restaurant in a Prime Area

This is an exceptional opportunity to acquire an established and popular restaurant in one of Melbourne’s most iconic dining precincts, offering great returns and significant expansion potential. 

This well-established restaurant occupies a prized corner site in the suburb’s vibrant dining scene. It features 180 sqm of beautifully designed space with a desirable orientation that ensures abundant natural light throughout the day. The business has operated successfully for more than a decade, building a loyal following of satisfied customers.

*$2.1 million annual revenue
*EBITDA of $225,500 
*Weekly rent of approx. $3,400 including outgoings
*Seating 95 inside and 62 outside
*Liquor licence until 3:00 am; maximum capacity of 196 patrons
*5+5+5-year lease, commenced 2023
*Comprehensive fit-out with a fully equipped commercial kitchen
*Experienced team

This is an ideal opportunity for an owner operator, business partners or an established hospitality group looking to acquire a great venue in a prime location.

Contact Walter Beauvais today to secure this gem before it's gone!

Listing ID: ME03285
Broker: Walter Beauvais
Phone: 0460 301 983
Email: [email protected]