Restaurant Business For Sale Smith St Fitzroy

Vendor says Sell! All offers will be looked out, can easily change to another cuisine or Cafe!

Ideally located on one of Melbourne’s most famous streets, this superb Japanese restaurant business for sale has been trading successfully for 20 years!

Serving a delicious and elegant Japanese menu, the business holds an excellent reputation and has a large number of regular customers!

– Taking around $7,000-$9,000 per week ($14,000 pre COVID)

– Rent $5,900 per month includes 2 bedroom residence above the business!

– 5x5x5 lease currently in place commenced 2014

– Licensed 8am-11pm

– Seating 55 inside and outside (Current extension granted by council)

– Superb location on Smith Street generating huge exposure!

– Can trade as a cafe, restaurant or combination of both!

– Opportunity to add breakfast trade on a high-traffic street!

– Currently operating under management with an excellent team of staff in place!

– Upstairs 2 bedroom residence has separate kitchen and bathroom facilities

– Big potential to capitalise on takeaway and delivery!

This really is a fantastic business opportunity for buyers looking for a successful hospitality/food business on one of Melbourne’s most desirable streets. While the business operates profitably under management, a new owner who wants to get involved in the business will find that there’s still a huge amount of potential still left in the business. Vendor selling as they have 2 restaurants.

For further information on this fantastic Japanese restaurant opportunity, please call senior business broker Petros Margaritis on XXXXXXXXXX

Ref: B13310