Price
$380,000
Profit *
Refer to Broker
Sales Revenue
$1,456,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Restaurant
Listing #
ME03059
On offer is a thriving Italian restaurant north of Melbourne’s CBD, known for offering fresh pasta and sauce daily. Since its inception in 2017, it has developed a loyal customer base, resulting in its consistently lucrative takings. Its systemised operations, excellent menu and prime location present a turnkey acquisition opportunity suited for motivated purchasers seeking a well-regarded business.
Simon Sheridan and the team at LINK Melbourne are excited to present a highly profitable Italian restaurant to the market.
This business has developed a solid reputation for its range of fresh pasta and sauces, as well as other Italian entrees cooked to perfection. It is located centrally in a vibrant inner-city suburb, surrounded by many multi-storey developments and residences. It is also under a flexible long-term lease, offering security of tenure in a prime spot.
It currently occupies 140 sqm of licensed premises that were purpose-built for its operations. It is a highly systemised business with all assets required for operations, which would require over $500,000 to be replicated. Also, it can accommodate up to 100 customers at a time and has ample on-site parking.
The business is supported by three full-time and three part-time staff, with two owners involved in the operations.
It presents potential for further growth through further diversification of its menu and enhanced marketing.
For more information about this exciting offer, contact Simon today!
Listing ID: ME03059
Broker: Simon Sheridan
Phone: 0400 858 900
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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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