For Sale $280,000
Chris Panagiotidis

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Absolute Business Brokers
7/18-22 Lexia Place,
Mulgrave, VIC 3170


Food/Hospitality for sale


For Sale $280,000

$14,000 pw

Business Details

Restaurant Business for Sale in Bayside Area

Located in the heart of Cheltenham, this restaurant business for sale is excellently positioned on a busy road surrounded by shops and just a short walk to the train station. An additional bonus is the development in the area, which includes apartments upstairs.

The restaurant is beautifully presented and serves a range of different menus including brunch, lunch, dinner and drinks. The extensive menu is possible due to the full commercial kitchen that is fully equipped with brand new equipment.

The space has a well set out 96 person seating capacity with an additional 9 seats outside and a liquor license until 11pm., which is complimented by the fully set up bar.

Currently taking $14,000 per week, the business has a long lease of 5x5x5x5 years to ensure peace of mind for the new owner.

To obtain further information and arrange an inspection please contact Ismar Muratovic or Elle Likopoulos on Click to call or Click to email

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Turnover: $14,000 pw
  • Lease Term: 5x5x5x5
  • Current Rent: $5500 per month (inc GST)
  • Operating Days: 6.0
  • Number Of Staff Members: 7
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Absolute Business Brokers
7/18-22 Lexia Place,
Mulgrave, VIC 3170

Phone: 03 9566 7300
Fax: 03 9561 4400

Chris Panagiotidis
Phone: 03 9566 7300
Mobile: 03 9566 7326

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