- Price: $1,700,000 + SAV
- Categories: Food/Hospitality
This is an exceptional opportunity to acquire a high-performing Italian restaurant franchise operating fully under management in one of Victoria's most sought-after coastal lifestyle destinations.
Part of a recognised national franchise network, the business occupies a prominent two-level corner venue on Mornington's main street retail and dining strip, approximately 45 to 60 minutes from Melbourne's CBD.
The venue draws a consistent mix of locals, weekend visitors and tourists year-round, supported by the area's strong appeal as a coastal destination known for its beaches, wineries and thriving hospitality scene. The fit-out is exceptional in scale and quality across two levels, featuring two fully equipped commercial kitchens, three authentic wood-fired pizza ovens, two fully fitted premium bar areas, large indoor and outdoor dining zones across both levels, walk-in cool rooms and freezers, and Rational combi ovens throughout.
- Annual revenue $4,826,104
- EBITDA $766,059
- 10-year lease commenced in March 2020 with 2x5-year options
- 52 staff across full-time, part-time and casual roles
Contact Nick Kolaitis today to learn more about this outstanding franchise acquisition opportunity!
Business Broker: Nick Kolaitis
Ref: ME03474
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Email: [email protected]
Ref: ME03474
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