Business For Sale

Restaurant on Glenferrie Road For Sale - Malvern

  • Restaurant in Glenferrie
  • Restaurant in Glenferrie
  • Restaurant in Glenferrie
  • Restaurant in Glenferrie

Property ID : B11389

Businesses Sold 70,000 - Restaurants
$12,000 pw Turnover$4,654 PCM Rent5x5x5Business Broker – Chris Panagiotidis Print

Located near Princess Hwy and metres from the train station – this business is in the perfect location on Glenferrie Road. 

The business boasts 2 rooms upstairs that can be used for office, storage or easily converted to two intimate function spaces or one large space or further entertainment.

Downstairs boasts a seating capacity of 65 comfortably with an additional 6 in the private courtyard.

Owners have established and worked in the business for over 9 years full time with the assistance of 1 x part time and 2 x casual staff members.

Trading Tues – Fri for lunch and dinner  12pm- 3pm and 6pm – 9pm. Saturday 6pm to 9am.

Opportunity to allow for private functions and to further promote this avenue.

Menu is Italian based with takeaway available and can be further promoted with potential for delivery in the area to service many new apartments and residencies are being established. 

Currently taking $12,000 per week – this business is ideal for a partnership or those experienced in hospitality.

Very well presented web site already in place – further exposing and promoting the already very popular business.

This business will not last long and inspection can only be arranged by appointment.

Contact Chris Panagiotidis on 9566 7326 to arrange an inspection!

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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