Business For Sale

Indian Restaurant Business For Sale Fitzroy - Fitzroy

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Property ID : B13815

Business For Sale Price on Application - Restaurants
$1,300,000 pa Turnover$7,511 pcm Rent5x5Business Broker – Chris Panagiotidis Print

Indian Restaurant Business for Sale located on the busy main road in Fitzroy. Excellent location in a busy and well known, trendy dining hub known for nightlife, with trams running right outside the front door.

Established 5 years, this restaurant has a large dining room, with seating capacity for 48 inside and a further 4 outside. It has a bar and a well equipped commercial kitchen with a tandoor. Also has a studio upstairs, which is currently used for storage, but may be used as a residence.

Has a very well designed website which offers online ordering for pick up or delivery, a visual menu and online booking system.

This Indian restaurant also has a catering menu and organises special events during the year.

Trades Monday to Wednesday for dinner (5:30 to 10pm) and Friday to Sunday for lunch and dinner. Fully licensed till 1am on Friday and Saturday, until 11pm on Sundays to Thursdays.

Owners work in the business with 3 full time and 8 part time staff.

Currently turning over average of $13,000 per week (was turning over $25,000 before restrictions).
Rent of $1,733 per week which includes the upstairs studio space. Lease of 5×5 commenced April 2018.

Could be run under management as there are experienced and qualified staff in place, which includes chefs.

This restaurant business is well worth an inspection.

For more information and to arrange an inspection contact Chris Panagiotidis 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Business Location

Agent Business Broker – Chris Panagiotidis

  • Office : 9566-7300
  • Mobile : 0433-582-533
  • Fax : 9561-4400

Member of REIV, IBBA, M&A Source Chris Panagiotidis has had an impressive…
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