Italian Restaurant, Short Evening Hours Only $100,000 (15779)Listing: #ME01266
About this Business for sale in MelbourneItalian Restaurant, Short Evening Hours Only $100,000 (15779)
This excellent Italian restaurant is located in a bustling shopping village in the centre of Donvale. The thriving village boasts several key outlets including banks and supermarkets, and experiences heavy foot traffic daily. The highly sought after eastern area is bursting with residential properties providing an endless supply of potential customers.
The long established restaurant has a fantastic reputation within the community and great online reviews. With a liquor licence for 90 patrons and fully equipped with woodfire oven and commercial kitchen, this is a fantastic opportunity, not to be missed.
Huge potential to increase profits by extending hours and opening breakfast and/or lunch.
Key features of this superb business include:
*Well established, since 2003
*New 12 year lease
*Open 6 nights only
*Evening hours only
For more information contact Simon Mostafa from LINK, formerly Klemms on the below:
Phone: 0409 777 888
+61 3 9819 4211
+61 409 777 888
*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.