Profitable Italian Restaurant In Prestigious Bayside Area
Melbourne, Victoria 3000
$985,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Prestigious Melbourne bayside location with high foot traffic
- Loyal base of regular clients
- Professional team manages daily operations
- Owner involvement approximately two days per week
- Licensed to serve alcohol until midnight
- Seats up to 120 guests, indoors and outdoors
- Turnover: $55,000 per week average takings
- Net Profit: $over $500k estimated annual earnings for the part-time owner
- Established: About 24 years
Business Details
Business Category Alcohol Liquor Shop Cafe Restaurant
Established for about 24 years, this renowned Italian restaurant has become a cornerstone in the affluent bayside area of Melbourne, celebrated for its high-end clientele and vibrant community atmosphere.
Prime location: Situated in a prestigious bayside suburb of Melbourne, the restaurant enjoys high foot traffic, proximity to boutique shops, and a strong local community, making it a sought-after dining destination.
Loyal clientele: substantial base of regular clients, reflecting its esteemed reputation and exceptional dining experience.
Impressive financials: Achieving average takings of $55,000 per week, with estimated annual earnings of over $500k for the part-time owner.
Operational excellence: Managed by a dedicated team of professional chefs, kitchen staff, and waitstaff, ensuring smooth daily operations with minimal owner involvement (approx.. 2 days per week).
Fully Licensed to serve alcohol until midnight, catering to both early diners and late-night guests.
Spacious and inviting: Accommodates up to 120 guests with both indoor and outdoor seating options
This opportunity offers a seamless transition for the new owner, with established systems, a strong brand presence, and a proven track record of success.
This is a rare chance to acquire a thriving hospitality business in one of Melbourne's most desirable locations.
PLEASE CONTACT "SAM VASLI" FOR MORE INFORMATION ON THIS UNIQUE BUSINESS OPPORTUNITY.
M: XXXXXXXXXX
EXPERT BUSINESS BROKERS
Prime location: Situated in a prestigious bayside suburb of Melbourne, the restaurant enjoys high foot traffic, proximity to boutique shops, and a strong local community, making it a sought-after dining destination.
Loyal clientele: substantial base of regular clients, reflecting its esteemed reputation and exceptional dining experience.
Impressive financials: Achieving average takings of $55,000 per week, with estimated annual earnings of over $500k for the part-time owner.
Operational excellence: Managed by a dedicated team of professional chefs, kitchen staff, and waitstaff, ensuring smooth daily operations with minimal owner involvement (approx.. 2 days per week).
Fully Licensed to serve alcohol until midnight, catering to both early diners and late-night guests.
Spacious and inviting: Accommodates up to 120 guests with both indoor and outdoor seating options
This opportunity offers a seamless transition for the new owner, with established systems, a strong brand presence, and a proven track record of success.
This is a rare chance to acquire a thriving hospitality business in one of Melbourne's most desirable locations.
PLEASE CONTACT "SAM VASLI" FOR MORE INFORMATION ON THIS UNIQUE BUSINESS OPPORTUNITY.
M: XXXXXXXXXX
EXPERT BUSINESS BROKERS
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