Profitable Italian Restaurant In Prestigious Bayside Area

Business For Sale Victoria

Business Category Alcohol Liquor Shop Cafe and Coffee Shop Restaurant

$1,290,000 + SAV

Description

Profitable Italian Restaurant In Prestigious Bayside Area

Established for about 23 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 $74,000 per week, with estimated annual earnings of about $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 (apporx. 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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Sam Vasli
  • Sam Vasli

Bsale ID: 658521
Broker REF: 254351

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