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Restaurant for Sale in Melbourne, Australia

Well-established and unique restaurant in an amazing location with 120 indoor and outdoor seats.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 650 thousand
Run Rate Sales Nil
EBITDA Margin 20 %
Industries Restaurants
Locations  Melbourne
Local Time 5:45 PM Australia / Melbourne
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 60 thousand (Native Currency: AUD 95,000)
Reason: Owner wants to move to another location.
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Business Overview

- Modern fit out restaurant is now available for purchase as a once in a lifetime opportunity.

- The restaurant has no expense spared and is ready to be taken over with its amazing staff and loyal customer base.

- Facility has a beautifully fitted spacious dining area and a full commercial kitchen with a walk-in cool room and separate storage area.

- The business has been running successfully for over 5 years now.

- Huge potential by extending the hours to breakfast, lunch or late dinner with catering services which can increase the sales multiple folds.

- Restaurant has 100 seats inside and 20 seats outside.

- Before the pandemic, we used to receive 100 orders per day and now it is lower due to pandemic.

- Have registered on multiple online delivery partners.

- Business has a full and valid liquor license.

- This restaurant is located on a busy road intersection in a wealthy suburb with both official and residential clientele. Close to a train station, tram stop, schools, supermarket and major amenities with ample car parking near the restaurant all day.

- Further details about this venue can be disclosed to a serious buyer.

Products & Services Overview

Multi-cuisine vegetarian and vegan restaurant with good food, dine-in, take away and online order options.

Assets Overview

All furniture, fixtures, kitchen equipment and utensils, electronic items, interiors, walk-in cooler, storage spaces.

Intangible assets such as brand, goodwill, liquor license are worth much more than the sale value.

Facilities Overview

Over 370 sq. m. of well-designed and fully fitted space with parking space for 10 cars. The space is on a long lease with renewable options.

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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