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      Restaurant business for sale in Melbourne

      • Restaurant
      • Melbourne VIC 3000
      • $420000

      GVM1018 - Business For Sale - Restaurant Popular tourist area

      Restaurant - Italian Cuisine - Melbourne City Fringe
      SBX Business Code: GVM1018
      Restaurant serving Italian cuisine. - Situated on two levels with a lovely courtyard and 160 seats inside and 20 outside. - fitted with a full commercial kitchen and a wood fired oven for pizzas. Large enough to handle any size function. - Licenced

      Potential
      Excellent opportunity for further growth

      Features
      Great reputation. - Very well established for over 20 years.

      Premises
      Beautiful heritage building

      Location
      Situated in major historical area of Melbourne.

      Trading Hours
      7 days - Mon. to Sun. - 11.30 a.m. - 3 p.m. - 5 p.m. - 10 p.m.

      Lease
      10 year lease just commenced in 2017

      Employees
      6 fulltimers + 6 casuals + 2 owners

      Comments
      This restaurant would make a great investment as the area is expanding with new apartment complexes being constructed not far from the restaurant - The area is renown for its restaurants and history.
      Figures
      Weekly Sales $17770
      Rent (ex GST) $2097
      Wages $3270
      Profit $6380

      SBX Business Code: GVM1018

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2012399471

      Last updated

      19 Feb 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Melbourne VIC 3000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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