- Price: $399,000 + SAV
- Categories: Food/Hospitality
This is an exceptional opportunity to acquire a fully licensed Italian restaurant on a high-traffic Melbourne main road strip. Trading 6 nights per week across short evening sessions, with no delivery or third-party platform obligations, it suits an operator seeking a high-performing, low-complexity venue with genuine growth potential.
The 250 sqm premises seat 100 inside and 12 outside. The modern fit-out includes a commercial kitchen with a double conveyor oven, walk-in cool room, and ground-floor and upstairs bars. Takings are $33,000 per week, generating $7,000 per week in profit.
Revenue is derived entirely from dine-in Italian cuisine, including pizza, pasta, and restaurant-style dishes. Additional seating at the front and rear courtyard has not yet been implemented, representing unutilised capacity.
The vendor owns the building, with a purchase option available at $2,000,000.
- Takings: $33,000 per week
- Profit: $7,000 per week
- Rent: $87,000 per annum (approximately $7,250 per month)
- 5+5+5+5-year lease available to new owner
- Licensed capacity of 177
- Fully licensed restaurant
Contact Nick today to express your interest!
Business Broker: Nick Kolaitis
Ref: ME03501
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Email: [email protected]
Ref: ME03501
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