LINK Business Brokers Australia

About this Business for sale in South Yarra

The tastiest Italian in Melbourne’s highly sought after South Eastern suburbs! This well known and reputable pizza restaurant and wine bar has been recognised and awarded for their innovative cooking by some of the most prestigious names in Melbourne’s competitive culinary scene.

Strategically located on a busy main road in the heart of South Yarra’s bustling shopping and dining precinct, this busy restaurant and bar is surrounded by swanky boutiques, art galleries, cocktail lounges and eclectic bistros, and is in extremely close proximity to Chapel Street, the Prahran Market, and the Royal Botanical Gardens, all of which are tourist hot spots!

Key features include:

*Well equipped and fitted 50sqm premises, not a cent to spend
*12am Liquor license
*Taking $16,000 per week
*Simple to operate
*Open 7 days per week, 5pm-10pm
*Reasonable $1,615 rent per week
*10 Year lease
*HUGE potential, can change cuisine, can open for lunches, do functions and catering plus much much more
*Perfect opportunity for an experienced owner operator
*Seats 60 inside and 10 outside
*Rent is now 20% discounted till July with a review again by the landlord in July 2022

For more information please contact Alam El Basha from LINK on the below:
Phone: 0407 990 000
Email: alam.elbasha@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: #ME01939
Price: $189,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Inner City Melbourne, South Yarra
Food/Hospitality, Restaurant
*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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