Profitable Italian Restaurant In A Prime Location (vs0315)

Melbourne, Victoria 3000

$520,000 Plus SAV

Key Features

AI generated. Contact seller to confirm.

  • Seating 95 indoors and 90 outdoors
  • Liquor licence until 1:00 am
  • Two liquor licences including takeaway
  • Can be run under management
  • Strong foot traffic, well known locally
  • Suitable for functions and parties
  • Turnover: $30,000 weekly (summer up to $50,000 weekly)
  • Net Profit: $260,000 per year
  • Rent/Lease: Not disclosed
  • Stock Value: Not disclosed
  • Established: 23 years

Business Details

Business Category Alcohol Liquor Shop Restaurant

A great opportunity to purchase a popular and profitable restaurant in an excellent area. The business has been running successfully for 23 years with a strong customer base and consistent performance.

Key features:

Seating capacity: 95 indoors + 90 outdoors

Weekly takings: around $30,000

Trading: 6 days a week

Liquor license until 1:00 am

Suitable for functions and parties

Can be run under management

During the summer season, weekly sales can reach up to $50,000, as supported by financial statements. The business holds two liquor licences, including a takeaway licence, which provides further potential to increase sales in the future.

According to the vendor, the business reports an approximate net profit of $260,000 per year (to be verified by the buyer during due diligence)

Owner retiring and happy to provide full training

Prime location with strong foot traffic

Well-known and loved by locals

A rare chance to secure a profitable restaurant in a sought-after area. Perfect for investors or owner-operators looking for a reliable business.

For further information, please contact Varsha Sherpa on
XXXXXXXXXX or XXXXXXXXXX or email
XXXXXXXXXX

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Varsha Sherpa

Bsale ID: 685197

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