High-profit Middle Eastern Restaurant - $2.18m Revenue

Craigieburn, Victoria 3064

$650,000

Key Features

AI generated. Contact seller to confirm.

  • Highly profitable with $2.18+ million annual turnover
  • Established in 2024, nearly new business
  • Seating for 110 patrons indoor and outdoor
  • Full liquor licence until 11:00 pm
  • All equipment owned; premium condition
  • 15-year lease until 2039; rent $9,000
  • Turnover: $2.18+ million
  • Net Profit: $695,000
  • Rent/Lease: $9,000
  • Stock Value: Not disclosed
  • Established: 2024 (nearly new)

Business Details

Business Category Restaurant

Presented is an extraordinary opportunity to acquire a highly profitable restaurant that has rapidly established itself as a local favourite since opening in 2024. With exceptional financial performance and brand-new infrastructure, this turnkey operation offers immediate returns for the right operator.

Located on a main street in Melbourne's growing north, the business enjoys excellent visibility next to major retailers, including a pharmacy, with convenient car parking for customers. The area serves both residential and commercial customers, exposed to strong foot traffic throughout the week.

The venue features a premium fit-out, operating seven days from 9:00 am to midnight. All equipment is owned outright and virtually new, including a charcoal grill, walk-in coolroom, freezer room and commercial display fridges.

*$2.18+ million annual turnover
*SDE at $695,000
*Nearly new business; established in 2024
*Fully managed operation with 10 full-time staff
*All equipment owned and less than 10 months old-premium condition
*Seating for 110 patrons (indoor and outdoor) with a full liquor license until 11:00 pm
*Strong shisha sales; strong revenue diversification
*15-year lease until 2039; rent at $9,000

Brand new infrastructure, proven profitability, and unlimited potential-this is a rare find!

Contact Ken Boucheblitoday.

Listing ID: ME03328

Broker: Ken Bouchebli
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03328
Timestamp: XXXXXXXXXX 0003

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Bsale ID: 671991

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