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Urgent Sale Fully Equipped Italian Restaurant & Bar For Sale

Bundoora, Victoria, Australia
Asking Price:
$240,000 (AUD)
Sales Revenue:
$260,000 (AUD)
Cash Flow:
Undisclosed

URGENT SALE – FULLY EQUIPPED ITALIAN RESTAURANT & BAR – UNDER MANAGEMENT

An outstanding opportunity to acquire a large, fully equipped Italian restaurant and bar in a prominent Bundoora location.

Currently operating under management and generating approximately $5,000 per week, this impressive venue offers seating for approximately 110 patrons indoors, a full liquor licence until 11pm and a substantial existing restaurant fit-out.

The business operates just five days per week with limited lunch trading, presenting genuine scope for an experienced owner-operator or hospitality group to further develop the operation, expand trading hours and maximise the capacity of this impressive venue.

With the current owners having held the business for only two months, the sale is urgent due to personal commitments, creating an opportunity for an incoming purchaser to step into an established and fully operational hospitality venue.

KEY FEATURES:

  • Takings approximately $5,000 per week
  • Large 110-person indoor seating capacity
  • Currently operated under management
  • Fully licensed until 11pm
  • Established Italian restaurant and bar concept
  • Impressive existing fit-out
  • Five-day trading week
  • Limited lunch trading offering further potential
  • Secure lease with further options
  • Experienced staffing structure in place
  • Opportunity for a hands-on owner-operator
  • Urgent sale – genuine vendor motivation

A fantastic opportunity for an experienced hospitality operator seeking an established restaurant with substantial infrastructure already in place.

Ref: B15138

Property Information

Real Estate:

Lease

Location:

Prominent Bundoora location.

Premises Details:

This impressive venue offers seating for approximately 110 patrons indoors, a full liquor licence until 11pm and a substantial existing restaurant fit-out.

Business Operation

Reasons for selling:

Other business interests