Price
$69,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Port Philip, St Kilda
Category
Food/Hospitality, Restaurant
Listing #
ME03359
An incredible opportunity to own a beautifully fitted, two-level restaurant in the heart of Acland Street, St. Kilda – one of Melbourne’s most iconic dining and entertainment destinations.
Key Features:
*Prime Acland Street position – heavy foot traffic from locals, tourists & visitors
*Fully renovated in 2021 – modern fit-out with stylish interiors across two levels
*Seating for 60+ patrons – indoor & outdoor dining areas
*Fully equipped commercial kitchen & bar – ready to operate immediately
*Liquor licence (8:00 am – 1:00 am) – ideal for extended trading or private functions
*Turnkey operation – nothing more to spend, start trading from day one
*Weekly takings: approx. $10,000–$12,000
*Perfect for owner-operators, chefs, or investors looking for a ready-to-go venue
Why Buy This Business?
Located in Melbourne’s vibrant seaside suburb of St. Kilda, this restaurant benefits from constant foot traffic, ample parking, and proximity to major attractions. The business is already well-known for its Australian favourites like Steaks, Pastas, Parmas & free range roasted chicken but can easily be adapted to suit any cuisine concept.
This is a bargain buy at just $69,000 for a fully fitted, licensed venue in one of Melbourne’s most desirable hospitality strips.
Contact Sanjay Agrawal today to arrange a confidential discussion.
Listing ID: ME03359
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
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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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