Ideally located on one of Melbourneâ€™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!
â€“ Taking around $7,000-$9,000 per week ($14,000 pre COVID)
â€“ Rent $5,900 per month includes 2 bedroom residence above the business!
â€“ 5x5x5 lease currently in place commenced 2014
â€“ Licensed 8am-11pm
â€“ Seating 55 inside and outside (Current extension granted by council)
â€“ Superb location on Smith Street generating huge exposure!
â€“ Can trade as a cafe, restaurant or combination of both!
â€“ Opportunity to add breakfast trade on a high-traffic street!
â€“ Currently operating under management with an excellent team of staff in place!
â€“ Upstairs 2 bedroom residence has separate kitchen and bathroom facilities
â€“ 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 Melbourneâ€™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 thereâ€™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
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