Restaurant business for sale in Melbourne
- Tapenade Melbourne VIC 3000
- $169,000 plus SAV
Southern French Inspired Cafe & Restaurant
Offers a selection of cuisine, wines, cocktails & tap beer
Located in the heart of Melbourne's south
Operates from a well presented café/restaurant
Lease tenure until 2036
Opportunity to further grow the business
Tapenade is a southern French inspired cafe and restaurant in the heart of Melbourne's South, offering a selection of authentic family recipes with a wide range of French and Australian wines, cocktails and tap beer.
The business operates from a well-presented café/restaurant located in the St Kilda Road Precinct of Melbourne. This authentic French restaurant has a fantastic location in the Chevron Apartments on Commercial Road, near the Alfred Hospital, Fawkner Park and just minutes from Melbourne's CBD. Lease tenure is available until 2036, providing excellent long-term security for an incoming tenant.
Tapenade was established in 2021 and is owned and operated by a partnership of two. Together, the couple have created a much loved and extremely popular little slice of Southern France. Both owners work in the business full time; one is a chef and the other handles front of house. They are supported by five additional staff, four of whom have worked for the business since its first year of inception.
Tapenade is open for breakfast, lunch, and dinner (dinner service on Fridays only) and is ideal for functions and large groups. The café and restaurant also have a small retail boutique stocking an assortment of French goodies for purchase. Tapenade currently offer dinner service just one night per week, on Fridays. There is opportunity here to extend evening dining to the weekends or even during the week as well.
Changing social trends have influenced the restaurant industry's performance significantly. Consumers' busy lifestyles and high workloads have bolstered demand for restaurant meals and takeaway. Restaurants allow consumers to combine dining with leisure and avoid spending time on food preparation. The COVID-19 pandemic severely affected industry operations, limiting restaurants to takeaway services during lockdown periods, however, easing restrictions have boosted demand for dining out.