- Price: $350,000 + SAV
- Categories: Food/Hospitality
This is an exceptional opportunity to acquire an 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 runway.
The 250 sqm premises seat 100 inside and 12 outside. The fully new fit-out includes a commercial kitchen with a double conveyor oven, walk-in cool room, and a ground-floor and upstairs bar. A liquor licence is pending grant, with immediate incremental revenue expected upon activation. Takings are growing week on week.
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.
- $1,300,000 in annual revenue with a net profit of $260,000
- 5+5+5+5-year lease available to new owner
- Licensed capacity of 177
