, ELTHAM 3095
Price on application
[This property has been Sold]
Damon Ambatzis

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


Food/Hospitality for sale


Price on application

$26,000 per week

Business Details

Highly Profitable Eltham Restaurant For Sale

This classy and elegant restaurant business for sale is already a solid performer with excellent takings and great profits to the vendor!

Providing customers a fantastic fine dining menu that caters extremely well to the demographic in the area, the business also shows an excellent growth trend with the turnover still growing steadily.

- Currently averaging $26,000 per week and growing

- Immaculate and very well appointed full commercial kitchen

- Seating over 100 inside plus a further 50 under shelter outside

- Liquor license in place for up to 200 patrons

- Great 5x5x5 commercial lease currently in place

- Comprehensive and interactive website in place with online booking facilities

- Rent of $146,575 per annum for a large premises with an excellent location

Currently the business owners act primarily as supervisors in the business, overseeing the staff as they run the business. The business can easily run under full management with very little in the way of changes, as the excellent staff already in place are well trained and efficient in their roles.

Only operating for around 2 years and with an already excellent reputation, this restaurant’s takings are still continually growing.

This is an excellent opportunity for a buyer to take over a fantastic and, most importantly, profitable restaurant business with all the groundwork already done.

Suitable for buyers looking to work in the business or investors looking for a business which will generate a strong return.

Interested buyers are encouraged to contact DAMON AMBATZIS on Click to call for further information on this opportunity

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Highlight Feature: Large outdoor seating
  • Highlight Feature: Fully licensed
  • Highlight Feature: Excellent profits
  • Turnover: $26,000 per week
  • Current Rent: $146575 per year (inc GST)
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Absolute Business Brokers
7/18-22 Lexia Place,
Mulgrave, VIC 3170

Phone: 03 9566 7300
Fax: 03 9561 4400

Damon Ambatzis
Phone: 03 9566 7300
Mobile: 0402 225 989

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