Price On Application
Petros Margaritis

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Damon Ambatzis

View phone number

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


Food/Hospitality for sale


Price On Application

$18,000 pw

Business Details

Elegant Restaurant & Bar Business For Sale

Offering a prime location in a bustling shopping & dining precinct in the inner suburbs, this elegant Italian restaurant business for sale was established 2 years ago by the vendors as a labour of love.

Well equipped with full commercial kitchen, cool room, elegant bar, plenty of storage space & onsite parking at the rear for 3 cars. No expense has been spared with the fitout, with top quality decor & furnishing.

Well staffed with capable, experienced staff & vendors just assist, so could easily run under management!

The business has established a large loyal customer base which is continually growing, and is well staffed with an experienced team of chefs & waitresses, the vendors only oversee the operations & offer front of house service to their patrons. Could be run under management.

High profile location on a major road through the area, surrounded by shops & dining. Enormous amount of foot traffic passing daily as well as vehicular traffic & public transport, parking at the door.

Seating 60 inside and 30 outside.

Liquor license till 11pm.

Trading from 11am till late 7 days currently.

Very reasonable rent of $1,060 per week for a highly sought after location. Long 5x5 lease offers plenty of security

Fantastic ratings online, #4 of 27 restaurants in the area on Tripadvisor. Modern website & utilising social media

A quality restaurant with a stellar reputation already developed, could be run under management or ideal for an owner operator that wants to drive it even further. Highly sought after location

For more information on this opportunity, please contact Senior Business Broker Petros Margaritis on Click to call or Damon Ambatzis on Click to call.

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Turnover: $18,000 pw
  • Lease Term: 5x5
  • Current Rent: $1060 per week (inc GST)
  • Trading Hours: 11am till late
  • Operating Days: 7.0
  • Number Of Staff Members: 5
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Absolute Business Brokers
7/18-22 Lexia Place,
Mulgrave, VIC 3170

Phone: 03 9566 7300
Fax: 03 9561 4400

Petros Margaritis
Phone: 03 9566 7300
Mobile: 0416 000 154

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

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