Bundoora, Victoria 3083
$520,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Fully managed operation with minimal owner involvement
- Brand-new $300,000 fit-out and equipment, fully owned
- Contemporary 117 sqm premises with 40 seats
- High-traffic commercial precinct location
- Authentic Greek street food offering and established customer base
- Kitchen capacity available for expansion
- Turnover: $1.6million PA; taking $34,000 weekly
- Rent/Lease: $4,689 PM; 5x5x5-year lease commenced 2021
- Established: Established in 2022
Business Details
Business Category
LINK Melbourne presents an exciting opportunity to own a fully managed Greek street food restaurant in Melbourne's northern suburbs. Established in 2022, the business has rapidly built a devoted customer base through authentic flavours, quality ingredients, and a welcoming atmosphere that celebrates traditional Greek hospitality.
The business specialises in souvlaki, gyros, and classic Greek street food favourites, complemented by fresh salads and traditional sides that keep customers returning week after week.
Built just four years ago, the restaurant features premium equipment and a modern aesthetic that requires no further capital investment. The kitchen is fully equipped to handle current volumes with room to expand, whilst the dining areas provide an inviting space for both dine-in customers and those seeking quick takeaway service.
Under management, the owner works minimal hours, focusing primarily on high-level oversight rather than day-to-day involvement.
*Revenue $1.6million PA; taking $34,000 weekly
*Rent $4,689 PM; 5x5x5-year lease (commenced 2021)
*Brand-new $300,000 fit-out and equipment-all owned, no encumbrances
*Fully managed operation
*Contemporary 117 sqm premises; 40 seats
*High-traffic commercial precinct location
*Open 6 days
Don't let this opportunity pass! Contact John today to explore this exceptional business.
Listing ID: ME03368
Broker: John Zhang
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03368
Timestamp: XXXXXXXXXX 3002
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