Summary
Great opportunity to own an Italian Café/Restaurant at the best location in Richmond
About the Business
Took over 4 years ago, this is Italian style restaurant serves pasta and pizza. Located in the best and busy side of Richmond, this restaurant has ideal location as it is well connected by trams and just a stone throw to the MCG and Melbourne Park. With heavy foot traffic. Takings during matches or events are impressive.
Well-equipped restaurant with appliances, systems, cool room, crisp fit out and seating for 50 inside and up to 12 outside. Has liquor licence until 11pm.
Short hours trading only 5 nights from 5pm to 9 pm.
Seating for 50 inside and up to 12 outside.
Great Location with an ample dining area, separate pizza prep section.
Fully equipped kitchen with cool room and freezer plus pizza oven.
Flexibility to add breakfast, lunch and open more days.
Local festivals and events generating extra income.
Average annual turnover of $350,000 trading over 11 months, the restaurant closes in January each year.
Rent for this business is a steal at $1,340 per week (for the location) Currently on the last year of lease but there is further option of 5 years from June 2024.
This is an opportunity not to be missed - excellent business with a residence and rent that you won't find in this area.
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
