Italian Restaurant And Takeaway Taking A Huge $19,000 P/w! (our Ref: V2073)

V2073 . , Montrose, Victoria 3765

$329,000

Key Features

AI generated. Contact seller to confirm.

  • Popular Italian restaurant and takeaway in eastern suburbs
  • Only open six nights, potential to extend hours
  • Seating capacity up to 50, liquor licence until 11pm
  • Full commercial kitchen with woodfire pizza oven
  • Available on Uber Eats with little local competition
  • Secure long lease and ideal live-in owner setup
  • Turnover: $19,000 p/w
  • Net Profit: Not disclosed
  • Rent/Lease: $1,044 p/w including upstairs apartment; lease 5+5 commenced August 2024
  • Stock Value: Not disclosed
  • Established: Trading over a decade

Business Details

Business Category Restaurant

- Popular Italian restaurant and takeaway in the heart of the eastern suburbs for sale!
- Huge weekly turnover of approx. $19,000 with continued growth.
- Only open 6 nights, 5.30 - 9pm, closed Tuesday's - excellent potential to expand hours.
- Very reasonable rent of $1044 p/w including upstairs apartment, ideal for live in owner.
- Secure and long lease of 5+5 in place, commenced August 2024.
- Seating capacity up to 50 people, with a liquor license until 11pm.
- Authentic home made Italian menu with no competition for woodfire pizza in the area
- Very well established business trading over a decade with very loyal customer base.
- Great reviews, with a 4.6 rating and a established social media presence.
- Impeccable location and landscape, nestled at the foot of the Dandenong Ranges.
- Available on Uber Eats with no immediate competition and very little throughout the area.
- Full commercial kitchen with woodfire pizza oven and seating for 60+ inside and out.
- Call us now for more details...

**Exclusive to Paramount Business Brokers (Our Ref V2073)
**Some Images Used for Illustration Purposes Only

"The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business."

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Bsale ID: 674638

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