Business For Sale

Restaurant Business with Best Set Up for Sale in Melbourne CBD - Melbourne

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Property ID : B13814

Business For Sale 400,000 - Cafe/Takeaway
$15,000 pw Turnover$9,000 pcm Rent5x5x5Business Broker – Chris Panagiotidis Print

Take advantage of this amazingly set up restaurant business in the heart of the Melbourne CBD.

This business has the best location with excellent high exposure location at the entrance to a 3 level shopping centre and block of serviced apartments. It is located in the theatre district and Chinatown. It is the perfect place for residents in the apartments or people going to the theatres to grab a quick meal or takeaway.

The restaurant is very well set up. It is a large, bright and welcoming restaurant with seating capacity for 30 and large shopfront windows. Well equipped kitchen with new equipment (only 6 months old). The kitchen has a 2-wok burner and specially designed canopy as well as a big cool room (3.6×3.6m), a coffee machine, ice machine and Double Decker Rational Combi oven.

Currently running as a Vietnamese restaurant and takeaway food place, new owners can take over and continue with Vietnamese food or change to any cuisine.

Before lockdown, this restaurant/takeaway was turning over $15,000 per week. With restrictions easing, turnover has already steadily increased.

Rent for this large premises in such a high exposure location is $9,000 per month including GST and outgoings. With lease of 5x5x5 commenced June 2018.

Currently run under management with 4-7 part time staff and trading 5 days: Monday to Friday 6am to 3pm.

Offers plenty of scope for future growth potential when all restrictions are lifted, as there is opportunity to extend trading hours, or partner with an online food delivery service.

This restaurant is a must see.

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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