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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.

For information on more listings, visit: www.abbass.com.au/businessbrokers/listings

Thinking of selling your business or want a business appraisal? Contact us on (03) 9103 1317

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ABBASS Business Brokers is actively seeking motivated Business Brokers to join our fast-growing team. Send your CV to www.abbass.com.au/businessbrokers/careers for a confidential discussion.

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.

ABBASS BUSINESS BROKERS
ABBASS BUSINESS BROKERS
102 / 24 Albert Road
South Melbourne, VIC 3205
Freddie Wong
Freddie Wong
0452 655 608
Sadeq Abbass
Sadeq Abbass
0433525731

Business Highlights

Business ID2019853179
Floor AreaAsk Business Broker
Category
Last updated  22 Jul 2025
Map for Ringwood VIC 3134
Map for Ringwood VIC 3134Ringwood VIC 3134
Inspections
Documents
ABBASS BUSINESS BROKERS
ABBASS BUSINESS BROKERS
102 / 24 Albert Road
South Melbourne, VIC 3205
Freddie Wong
Freddie Wong
0452 655 608
Sadeq Abbass
Sadeq Abbass
0433525731

Business Highlights

Business ID2019853179
Floor AreaAsk Business Broker
Category
Last updated  22 Jul 2025

Co-Brokers

Freddie Wong
Freddie Wong
ABBASS BUSINESS BROKERS
Call
0452 655 608
Sadeq Abbass
Sadeq Abbass
ABBASS BUSINESS BROKERS
Call
0433525731

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