Authentic Greek Restaurant – Melbourne, Vic

Melbourne, Victoria 3000

$159,000

Key Features

AI generated. Contact seller to confirm.

  • Prime corner location in high-growth suburb
  • Spacious 200 sqm venue, 90 indoor and 30 outdoor seats
  • Trades Wednesday to Sunday evenings, closed Monday and Tuesday
  • Significant potential to extend trading hours and trade more days
  • Very popular for events, functions, private parties and corporate bookings
  • Strong online presence with website and online booking system
  • Turnover: $600K
  • Net Profit: Not disclosed
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: Well-established

Business Details

Business Category Restaurant

Business ID: XB164802

POPULAR FAMILY RESTAURANT IN HIGH-GROWTH SUBURB

Step into a taste of Greece in the heart of Malvern East with this beloved family-friendly restaurant. Known for its authentic recipes and warm, welcoming atmosphere, the venue consistently attracts regular diners, families, and function bookings.

With a prime corner location in a high-growth suburb, a strong online presence, and the potential to extend trading hours, this is a rare opportunity for a hospitality professional to take over a thriving, well-established business with significant untapped potential.

Business Highlights

- Well-established licensed restaurant in a prominent corner location

- Turnover: $600K

- Spacious 200 sqm venue with 90 seats indoors plus 30 outdoors

- Trades Wednesday to Sunday, 5:30pm to 9:30pm – closed Mondays and Tuesdays

- Huge potential to extend trading hours; currently closed for 7 weeks of holidays

- Very popular venue for events and functions, including private parties and corporate bookings

- Excellent website with online booking achillesgreektavern.com.au

- Live Greek Rembetika music and Greek Banquet every month

- Owner-operated with staff – owners relocating overseas

Achilles Greek Restaurant offers significant untapped potential, given its prime position in Malvern East, a suburb undergoing transformation with new residential and commercial developments and upgraded infrastructure.

Now is the time to secure this desirable venue and reap the rewards in the future.

PRICE: $159,000

Property Code: 4584

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Bsale ID: 674135

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