Price
$1,100,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Melbourne Region, Melbourne
Category
Food/Hospitality, Retailer
Listing #
ME01663
If you've ever thought about achieving a greater work life balance then this successful restaurant opportunity is for you!
Strategically located in the hustle and bustle of one of Melbourne's eastern suburbs most desired shopping and dining precincts, this business is surrounded by major amenities, key retail outlets, public transport options, cafes, bars, cinemas, and more, and experiences enormous rates of passing traffic at all hours of the day. You really couldn't ask for a better location.
The beautiful premises has been architecturally designed providing customer's with a rustic Italian ambiance so authentic you can feel yourself being transported back in time. The restaurant is very popular among locals and tourist alike having achieved excellent Google reviews online, and riding themselves on top quality produce.
This is an extremely rare example of a restaurant that is actually totally run under management.
Key features:
*Taking $70,000 per week
*Run under management
*No Uber Eats or takeaway, this is purely a premium dine in venue
*Open 5 days per week
*Reasonable $2,692 rent per week
*Long lease
*Genuine profits
*Can be run remotely
For more information please contact Nadia Polzella from LINK, formerly Klemms on the below:
Phone: 0417 641 990
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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