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Established Restaurant – Ringwood & Caroline Springs, VIC For Sale

Melbourne, Victoria, Australia
Asking Price:
$1,200,000 (AUD)
Turnover:
$2,600,000 (AUD)
Net Profit:
$390,000 (AUD)

Restaurant For Sale — Ringwood & Caroline Springs, VIC

Turnover: $2.6M+ | Price: $1.2M

Skip the pitch decks. Here is the number: $2.6M+ in annual turnover from a restaurant business in Ringwood & Caroline Springs.

10+ years lease term. This is an operating business, not a concept.

Why Buyers Will Want To Look:

$2.6M+ in annual turnover
10+ years lease term
Room to grow — extended hours, expanded range and loyalty programs, subject to approvals

The Bottom Line

An operating restaurant business with a long trading history. Opportunities like this don't last on the market.

Genuine buyers only. Serious enquiries will receive a confidential Information Memorandum with the available information.

*All figures are vendor-advised and subject to due diligence.*

Property Information

Real Estate:

Lease

Lease Terms:

10+ Years

Leasehold Rent:

N/A per annum

Location:

Positioned in the Ringwood & Caroline Springs area of Victoria, in an established trading location. Exact address provided to qualified buyers upon enquiry.

Premises Details:

Further detail available on request.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Potential to extend trading hours or add delivery/takeaway channels.

Competition / Market:

Established local trading position with limited directly comparable businesses in the immediate area.

Reasons for selling:

Vendor is pursuing other business interests.

Years established:
10+ Years

Other Information

Support & training:

Vendor open to providing handover support for a smooth transition (details to be confirmed).

Contact Broker