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A Lucrative Steak And Seafood Restaurant With A Loyal Customer Base $520,000 (16751) For Sale

Melton, Victoria, Australia
Asking Price:
$449,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Food/Hospitality
This multi-faceted restaurant offers a broad range of steak and seafood options, with a modest selection of pizza and pasta offerings. It has been operating for over a decade and has become an icon in the area, resulting in its solid financial performance!

*$45,000 takings PW (75% restaurant/function, 25% pizza bar)
*Extensive team size (23 staff members)
*$700k fit-out
*Lifestyle flexibility
*Seats 100 inside and 60 outside
*430sqm premises

Gerry Morelli and the team at LINK Melbourne are thrilled to offer a highly profitable restaurant to the market.

It is a sought-after business that has cultivated a strong local following for its premium options, as well as its capacity to host functions and events due to its substantial seating capacity.

It also has a separate takeaway pizza bar attached to it, with its own entrance strategically positioned separate from the restaurant but within the same premises.

Its premises are immaculately fitted will all assets necessary for its operations, valued at approximately $700,000. No additional capital injection will be required.

Due to the strong demand for the business's offerings, it requires an extensive team size, which is already in place. It is also semi-managed, decreasing its reliance on the involvement of its current owner, affording them with lifestyle flexibility that incoming owners will also enjoy.

Given its solid asset composition, stellar reputation and robust financial performance, it is the ideal business for an experienced purchaser seeking a lucrative and easy-to-operate investment in the heart of a fast-growing suburb.

Do you have what it takes to take this business to its next level? Give me a call today!

Listing ID: 16751
Broker: Gerry Morelli
Phone: ---- --- ---
Email: [email protected]

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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

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