Under Offer Me03196

Fitzroy, Victoria 3065

SOLD

Key Features

AI generated. Contact seller to confirm.

Fully managed Italian restaurant
Fresh, house-made pasta and diverse menu
Prime location with high foot traffic
Pasta machine and commercial kitchen equipment included
Walk-in cool room and freezer
Indoor seating for 76 guests

Turnover: $780,000 annually
Established: Well-established

Business Details

Business Category Restaurant

Fully managed restaurant in Northeast Melbourne, offering fresh, house-made pasta with a diverse menu. With annual takings of $780,000, it operates efficiently with a mix of full-time and casual staff.

Well-established Italian restaurant in a prime location with substantial turnover and complete management in place.

*The restaurant benefits from high foot traffic and strong local demand.
*Derives $780,000 in annual revenue with 28% cost of goods sold.
*Fully Under Management.
*Includes a pasta machine, multiple burners, deep fryers, ovens and a walk-in cool room and freezer.
*Offers indoor seating for 76 guests with a liquor licence capacity of 70.

Substantial revenue, prime location and growth potential make this an excellent investment at only $220,000.

Interested parties are encouraged to contact Nick Kolaitis for more information.

Listing ID: ME03171
Broker: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03171
Timestamp: XXXXXXXXXX 0004