Richmond, Victoria 3121
$230,000
Key Features
AI generated. Contact seller to confirm.
- Only restaurant with direct Yarra River views in Richmond
- State-of-the-art professional kitchen valued at $300,000+
- Premium Rational combi-oven and excellent commercial equipment
- Simplified proven menu refined for profitability over 2.5 years
- 131m2 internal plus 90m2 licensed outdoor terrace
- Licensed to 1am with restaurant and café liquor licence
- Turnover: Not disclosed
- Net Profit: $124,000+ per annum
- Rent/Lease: $1,297 p.w. + GST
- Stock Value: Included
- Established: 2.5 years
Business Details
Business Category Catering Restaurant
Rare opportunity to acquire an established Café/Bistro with the ONLY riverside dining position in Richmond. Features state-of-the-art professional kitchen with $300,000+ in Set Up cost, proven simplified menu, and consistent weekly revenue. Perfect for experienced hospitality operators or chefs seeking their own establishment.
KEY HIGHLIGHTS
- ONLY restaurant with direct Yarra River views in Richmond
- State-of-the-art professional kitchen ($300,000+) - a dream setup for any chef
- Premium Rational combi-oven & commercial equipment (2.5 years old, excellent condition)
- Simplified, proven menu refined over 2.5 years for profitability
- About 131m2 in internal and 90m2 licensed outdoor terrace overlooking Yarra River
- Pet-friendly dining - unique competitive advantage
- Licensed to 1am - Restaurant & Café liquor license
- Secure lease: 4 years remaining + two 5-year options (to 2039)
- Two car parks included
- High foot traffic on Yarra Trail
FINANCIAL SNAPSHOT (FY2025)
Gross Margin: 77.7% (excellent)
Owner’s Profit: $124,000+ per annum (PEBITDA)
OPERATIONS
Premises: 131m² internal + 90m² outdoor terrace
Hours: Café Tue-Sun 8am-2:30pm | Restaurant Thu-Sat 6pm-9pm (6 days/week)
Staffing: Owner + 4 casual staff
LEASE SUMMARY
Rent: $1,297 p.w. + GST
Term: 4 years + two 5-year options (to 2039)
SALE INCLUDES
All equipment, furniture, fixtures, stock (at settlement), business name, recipes, supplier relationships, customer database, social media (1,000+ followers), website, training manuals, liquor license & permits (subject to transfer), and 2-4 weeks comprehensive training.
GROWTH OPPORTUNITIES
Extend dinner to 7 nights (+40-60% potential), functions & events, corporate catering, delivery services (UberEats/DoorDash), earlier weekend opening.
IDEAL BUYER
Experienced hospitality operators, professional chefs, career changers with food service background, or couples seeking lifestyle business
Property Code: 553
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