Restaurant business for sale in Ringwood
- Restaurant
- Ringwood VIC 3134
- $260,000 (GST na)
Established Hospitality Gem | Indian Cuisine | High Traffic Location
Summary
A rare opportunity to acquire a highly reputable and well-positioned Indian restaurant in Melbourne's East. With over a decade of successful trading, secure lease, and growth potential.
About the Business
This well-established restaurant has been operating for over 11 years and is renowned for its authentic South Indian cuisine, generous servings, and welcoming service. Located in an area with high foot traffic, the business benefits from consistent weekday trade and peak weekend demand. The premises are fully licensed and fitted with commercial-grade kitchen equipment and seating for 4050 guests.
Minimal marketing has been undertaken to date, presenting a clear opportunity to grow revenue through digital campaigns, extended hours, catering services, and use of outdoor space. A recently renewed 10-year lease offers strong long-term security for the incoming owner.
Key Features:
- Well-established business with over 11 years of local presence
- High-profile location directly across from major public transport hub
- Licensed and fully fitted with commercial kitchen (4050 seats)
- Secure new 10-year lease in place
- Simple and scalable menu offering authentic South Indian cuisine
- Untapped potential via extended trading hours, beer garden expansion & catering
- Low reliance on marketing, major opportunity for digital and local promotions
- Consistent weekday trade and thriving weekend business
Key Financials:
- Current revenue: $280,000 p.a. with significant room for growth
- Rent: $4,125 + GST per month
This is a turnkey opportunity in a growth corridor suburb, priced at $260,000 + SAV.
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Thinking of selling your business or want a business appraisal? Contact us on (03) 9103 1317
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Disclaimer
ABBASS Business Brokers cannot verify the accuracy of information provided in listings. Prospective buyers are responsible for conducting their own due diligence.
Images are for illustrative purposes only.
Business Highlights
Business ID | 2019853179 |
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Floor Area | Ask Business Broker |
Category | |
Last updated | 22 Jul 2025 |
Business Highlights
Business ID | 2019853179 |
---|---|
Floor Area | Ask Business Broker |
Category | |
Last updated | 22 Jul 2025 |