Under Offer Family Restaurant Taking $10,000 Per Week $99,000 (17119)

South Morang, Victoria 3752

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Popular family restaurant in high-growth area
  • 100 seat capacity
  • Full commercial kitchen with large pizza oven
  • High rate of passing traffic daily
  • Rated 4 out of 5 on Google
  • Operated by owner and five staff members
  • Turnover: $520,000
  • Net Profit: Not disclosed
  • Rent/Lease: New 5+5+5-year lease
  • Stock Value: Included
  • Established: 9 years

Business Details

Business Category Cafe Restaurant Takeaway

Currently on offer is a popular family restaurant in a spectacular commercial location. The business is located in an area experiencing high growth rates and is quickly becoming a hospitality hot spot.

*$10,000 average weekly takings
*New 5+5+5-year lease
*100 seat capacity
*40-50 pizzas ordered fortnightly by local school

Nick Kolaitis, Kristy Kolaitis and the team at LINK Melbourne are thrilled to bring to the market a laid-back, glass-walled restaurant serving a wide range of American and Italian delicacies. It has been operating since 2014, cultivating a solid reputation in the industry. The business has received many favourable reviews from satisfied customers, enabling it to be rated 4 out of 5 on Google.

The business is immaculately fitted with full bar facilities and has seating for up to 100 customers. It has a full commercial kitchen complete with a walk-in cool room, freezer and large pizza oven.

Strategically positioned, the business is on a busy main road in a homemaker's centre. It is surrounded by key amenities, enabling it to see a high rate of passing traffic daily.

Operating the business are two full-timers, two part-timers and three casuals. The owner works full-time in the business and receives a weekly wage of $985. Purchasers desirous of working in the business may follow a similar setup.

Do not let this amazing opportunity slip away! Contact us to proceed towards the next steps of the sale process.

Listing ID: 17119
Broker: Nick Kolaitis / Kristy Kolaitis
Phone: XXXXXXXXXX / XXXXXXXXXX / XXXXXXXXXX
Email: XXXXXXXXXX / XXXXXXXXXX

Additional Details

Price: SOLD
State: Victoria
Net Profit: $2,000

What's Nearby

Contact Seller
LINK Business Melbourne LINK Business Melbourne

Bsale ID: 619303