Price on application
Damon Ambatzis

View phone number

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

Food/Hospitality for sale


Price on application

$13,500 per week

Business Details

Successful Restaurant Business For Sale Ivanhoe Area

Located in trendy Ivanhoe, this excellent restaurant business for sale has been operating successfully for the past 6 years. With a prominent and visible location, plus plenty of nearby parking for customers, the restaurant serves customers a delicious and traditional Italian cuisine which keeps the customers coming back again and again!

- Turning over an average $13,000 - $14,000 per week
- Liquor license till 11pm
- Seating for 40 - 50 customers
- Reasonable rent of $3,969 for a great location
- Excellent 5x5 commercial lease
- Commercial kitchen
- Currently trading evenings only
- Operating 6 nights per week

The business has a great reputation in the area and has positive reviews for the service and quality of food provided by the current owners.

A new owner could choose to offer longer trading hours with the location lending itself to day trade with ample pedestrian traffic, and delivery service can also be added very easily, so there’s plenty of potential for a new owner to take this restaurant to another level!

Ideal as a family business or partnership, this successful restaurant business still has plenty left to offer a new owner with the drive to continue growing the business.

To arrange inspections and for further information, please call senior business broker Damon Ambatzis on Click to call

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Turnover: $13,500 per week
  • Lease Options: 5x5
  • Current Rent: $3696 per month (inc GST)
  • Operating Days: 6.0
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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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