High-profit Restaurant Opportunity In North Melbourne

An exceptional opportunity to acquire a profitable and well-established restaurant in vibrant North Melbourne. With weekly takings of $12,000 and a vendor-claimed annual net profit of $200,000 last year, this business offers strong financial returns and long-term stability.

Operating under a secure 3+3 lease (commencing March 2022) with low rent of just $855.07 per week, the venue is fully equipped with a commercial kitchen and holds a liquor license - ready for a seamless handover to a new owner.

Key Highlights:

- Impressive weekly takings of $12,000 with consistent performance

- Vendor claims an annual net profit of $200,000 for FY 2024

- Secure 3+3 lease providing stability and peace of mind

- Low rent of $855.07 per week, keeping overheads minimal

- Fully equipped commercial kitchen and liquor licence in place

- Prime North Melbourne location attracting both locals and visitors

This is a rare chance to take over a successful, fully fitted restaurant with excellent profitability and strong growth potential. Enquire today to learn more or arrange a confidential inspection!

Agent- Gaurav Kaushal
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Disclaimer:
Please note that some details about the business for sale are confidential. Disclosure of such information is subject to the completion of a Confidentiality Agreement and at the discretion of the broker.
Images are for advertising purposes only and may not reflect the actual business. The displayed suburb may differ from the actual location.