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Restaurant in Melbourne for sale!
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Restaurant in Melbourne for sale!

For Sale

$800,000

Restaurant in Melbourne for sale!

Property ID :

 RBBLIR2019

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Description

Superb investment opportunity. This unique Italian restaurant is making more than $ 2,200,000 per year in a premium location WITH MINIMAL OWNERS INVOLVEMENT.

 RealWorld Business Brokers is pleased to introduce you to one of the best investment opportunities of the year in the hospitality industry. This famous Italian restaurant in the Western suburbs of Melbourne is making an expressive yearly turnover of more than $ 2,200,000 (according to latest financial statements). If you are looking for a solid business with a huge cash flow operation, look no more.

Ideal business for a savvy investor who wants to either manage this unique Italian Restaurant or have someone doing it on your behalf.

ASKING PRICE:$ 800,000.00 plus S.A.V (Stock at Valuation); or Nearest Best Offer!!

TURNOVER: $ 2,200,000 Plus (average as per latest P&L Statement)

LOCATION: Western Suburbs of Melbourne. Premium location in a busy Shopping Centre.

 ABOUT THE BUSINESS:

  • Fully managed Business.
  • Impressive yearly turnover of more than $2M
  • Current takings of around $53,000 + pw
  • B.I.T.D.A earnings in excess of 565K
  • Premium location inside of a busy Shopping Centre
  • Established back in 2013
  • 330 total seats: 240 seats inside and 90 seats outside
  • Liquor Licensed
  • High growth suburb
  • One of the only of its kind around the area
  • Easy to replace staff
  • Includes all fittings, equipment and fixtures used in the business
  • Monday to Sunday operations

RENT: $ 220,000 per year + GST approximately

LEASE: 10 + 5 + 5 + 5 + 5 years (from February 2013)

STOCK: $ 50,000 approximately.

>>> FOR FURTHER DETAILS YOU NEED TO FILL OUT A CONFIDENTIALITY (NON-DISCLOSURE) AGREEMENT. FILL IT ONLINE: You can do so online  Confidentiality  HTTP://REALWORLDBUSINESSES.COM.AU/CONFIDENTIALITY/   Or

You may send us an e-mail on ENQUIRIES@REALWORLDBUSINESSES.COM.AU

AGENT: RAM – 0499 919 432

Ref: RBBLIR2019

For other business listings please Click Here or visit us at www.realworldbusinesses.com.au

Disclaimer: Images displayed on this ad are stock images only, not picture of the actual business, its products, equipment or employees. Figures displayed reflect latest financial information provided to RealWorld by the Vendors. All numbers and information are subject to due diligence by a Potential Purchaser.

Features

  • Hospitality
  • Restaurants

Agent Ram Shetty

View My Listings

Mobile:  0499 919 432

WhatsApp:  +61 499 919 432

Email:  ram@realworldbusinesses.com.au

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Contact Info

Level 5, 224-236 Queen St, Melbourne CBD, VIC 3000

Nick: 0424 046 273

Ram: 0499 919 432

Email: info@realworldbusinesses.com.au

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TOWN AND COUNTRY PIZZA AND PASTA COLAC REPUTED AUTO MECHANICAL REPAIR AND TYRE WORKSHOP FOR SALE
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