Price
$188,000
Profit *
Refer to Broker
Sales Revenue
$546,000
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Restaurant
Listing #
ME03448
An exceptional opportunity to secure a beautifully presented restaurant in a magnificent, high-exposure main road position on the city fringe, just moments from Melbourne University and other key institutions.
Currently taking approximately $12,000 per week, this well-established venue operates only 5 nights, offering enormous potential to expand trading hours and significantly increase turnover.
Key Features:
*Trading just 5 nights – massive growth opportunity
*Large capacity with seating for 136 including a tremendous outdoor area
*Prime strategic location with heavy foot traffic and excellent visibility
*Semi-under management – runs with minimal owner involvement
*Fully renovated, beautifully fitted & furnished
*Full commercial kitchen – no expense spared (over $320,000 invested)
*Currently operating as a Mediterranean restaurant
*Reasonable rent with a secure lease in place
This is an ideal opportunity for experienced operators to take over a high-quality venue and unlock its full potential through extended hours, rebranding, or targeted marketing and the introduction of Liquor Licence.
Very genuine owners – selling due to other business commitments
Priced to Sell: $188,000 ONO
For further details, please contact Jamal Dabab:
Listing ID: ME03448
Mobile: 0411 305 556
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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*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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