MUST SELL - $220,000
Situated in the heart of Yarraville village, this thriving restaurant boasts a coveted location near Yarraville railway station and the iconic Sun Theatre on Ballarat Street. Embraced by a tightly knit community, this establishment enjoys a steady stream of foot traffic year-round, making it a focal point within the vibrant Yarraville Village.
With its prime location as the cornerstone, this restaurant brims with promising opportunities for those with a keen eye and an entrepreneurial spirit. Such opportunities are plentiful, yet few boast the distinctive advantage of commanding such a unique locale and bustling foot traffic.
Key Features:
- Open 6 nights a week, with potential for extended hours/ lunch service/takeaway
- Impressive weekly turnover exceeding $20,000
- Indoor seating for 55 guests (35 upstairs, 20 downstairs), plus 20+ outdoor seats in a charming outdoor dining precinct
- Newly secured 5x5 lease with favourable rent terms for the area
The interior, adorned with the charm of old-world Italy, combines warmth and authenticity, embodying the essence of a traditional Italian eatery. Adorned with nostalgic family photos and timeless rustic décor, the ambiance exudes a welcoming Italian charm. Soft lighting and soothing Italian melodies create an inviting atmosphere, perfect for intimate gatherings or larger celebrations. Under the same ownership since 2008, this beloved local favourite has garnered
TripAdvisor's top spot for restaurants in Yarraville. Despite boasting a loyal base of local patrons, a strong social media profile amplifies its reach, casting a wide net to draw in customers from near and far.
There are untold stories waiting to unfold within these walls. Whether it's extending operating hours, capitalising more on the outdoor space, introducing new menu offerings, or exploring catering opportunities, with the right vision and execution, the potential is boundless.
Easy and rewarding to operate with a small and dedicated team of employees. Current owners are willing to provide training for a seamless transition.
Location reigns supreme and for those with the vision to see beyond the present, the future is ripe with promise. It's time to write the next chapter in the story of this illustrious restaurant in the heart of Yarraville Village.
Don't miss out on this exceptional opportunity.
For further details, please contact Senior Business Broker Petros Margaritis at 0416 000 154.
Ref: B14548
