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Lucrative Pizza & Bar Restaurant For Sale

Highett, Victoria, Australia
Asking Price:
$349,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Categories: Food/Hospitality
This is an exceptional opportunity to acquire a fully managed pizza and bar restaurant generating $1.25M while operating just six nights a week, five hours per night!

The 200 sqm premises feature a woodfire pizza oven, full commercial kitchen, walk-in cool room, prep area, dry store, and espresso machine. Its open-fronted street windows create an inviting, welcoming atmosphere that draws foot traffic naturally.

Positioned on a high-exposure corner of a busy shopping strip directly opposite a railway station, the location benefits from exceptional foot traffic, strong passing vehicle exposure, and a loyal suburban customer base. With a long lease in place, security of tenure in one of Melbourne's sought-after bayside suburbs is presented.

  • Revenue $1,250,000
  • Net profit $130,000, an owner-operator will greatly increase profits.
  • Operating only six nights per week at just five hours per service
  • 5+5+5 years lease; rent $5,416 per month
  • Fully under management with a salaried manager and three full-time staff plus casuals in place
  • 200 sqm corner premises in a high-traffic shopping strip; opposite a railway station

Fully managed venues of this quality and location are rarely available at this price!