Under Offer Established Inner City Asian Restaurant In A Prime Location
Melbourne, Victoria 3000
SOLD
Key Features
AI generated. Contact seller to confirm.
- Prime inner-city location with consistent high foot traffic
- Licensed Asian restaurant with loyal local following
- Well-systemised operation functioning smoothly off-site
- Fully equipped commercial kitchen with walk-in cool room and freezer
- Ground floor seating for 72 patrons
- Unused first floor offers private events or additional seating potential
- Turnover: $16,000 per week takings
- Net Profit: $122,787 net profit (SDE)
- Rent/Lease: Secure lease until February 2027 with extension options
- Established: Established in the early 2010s
Business Details
Business Category Restaurant
Here's an exceptional opportunity to acquire a thriving licensed Asian restaurant in one of Melbourne's most iconic dining precincts. Established in the early 2010s, this well-rated restaurant has built a loyal local following, benefiting from consistent high foot traffic in this sought-after inner-city location.
The restaurant operates dinner service only, with two owners each working just 25 hours per week. The business is well-systemised and operates smoothly when owners are off-site, providing genuine flexibility.
*$16,000 weekly takings
*Net profit (SDE) of $122,787
*314 sqm premises; fully equipped commercial kitchen including walk-in cool room and freezer
*Ground floor seats 72 patrons
*Dinner service only - option to extend trading hours
*Unused first floor which offers significant development potential for private events or additional seating capacity of 80-100 covers
*Secure lease until February 2027 with extension options
Contact Walter Beauvais today to learn how you can leverage this highly regarded restaurant in a prime location to generate exceptional returns.
Listing ID: ME03399
Broker: Walter Beauvais
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03399
Timestamp: XXXXXXXXXX 0002
The restaurant operates dinner service only, with two owners each working just 25 hours per week. The business is well-systemised and operates smoothly when owners are off-site, providing genuine flexibility.
*$16,000 weekly takings
*Net profit (SDE) of $122,787
*314 sqm premises; fully equipped commercial kitchen including walk-in cool room and freezer
*Ground floor seats 72 patrons
*Dinner service only - option to extend trading hours
*Unused first floor which offers significant development potential for private events or additional seating capacity of 80-100 covers
*Secure lease until February 2027 with extension options
Contact Walter Beauvais today to learn how you can leverage this highly regarded restaurant in a prime location to generate exceptional returns.
Listing ID: ME03399
Broker: Walter Beauvais
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03399
Timestamp: XXXXXXXXXX 0002
