Business For Sale

Elegant Restaurant Business For Sale - Albert Park

  • fine dining - 1

Property ID : B12199

Businesses Sold 99,000 - Restaurants
$8,000 pw Turnover$4,600 pcm Rent4x5x5Business Broker – Petros Margaritis Print

This charming, elegant restaurant business for sale only blocks from the beach in idyllic Albert Park, offers a top location with parking & public transport to the door, surrounded by a great combination of residences & shops.

Quality restaurant, well targeted to the affluent, social lifestyle focused population. High exposure location on a major road to the beach from the city & easily accessible.

– The business has been established a year, already taking $8,000 per week & showing continuous growth
– Premises only fitted out a year ago & the whole place including kitchen is in pristine condition! Seating 35 inside & 12 outside, the shop includes a spacious kitchen in immaculate condition & a cool room
– The premises have been tastefully decorated with simple elegance and well laid out to make the most of the space, further seating could be added
– Liquor licence in place
– Well staffed with 2 full timers, 1 part timer & 1 casual. Vendors work full time, one of them is a chef. This is ideal for a chef although they have chefs on staff, in order to make the most of the profits this would be best suited to an owner operator
– The business prides itself on serving a range of quality meals of Italian influence, baking their own bread & curing their own meat
– Long lease of 4x5x5 with rent of $1,060 per week
– Open 6 days, only open evenings on Monday & open from 12pm-3pm for lunch Tues to Sat, then open again from 5.30pm to 9.30pm for dinner

For further information, please contact Senior Business Broker Petros Margaritis on 0416 000 154.

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Agent Business Broker – Petros Margaritis

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  • Office : 9566-7300
  • Mobile : 0416-000-154
  • Fax : 9561-4400

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