Restaurant for Sale in Port Albert, Australia
Well-established Sicilian/Italian restaurant in Victoria, Australia, offering a variety of pizzas and pasta for sale.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | USD 230 thousand |
| Run Rate Sales | USD 116 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants |
| Locations | Port Albert |
| Local Time | 5:30 AM Australia / Melbourne |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
120 thousand
(Native Currency: AUD 185,000)
Reason: Considering pursuing another business opportunity that has presented itself.
Includes physical assets worth
USD
64 thousand
Business Overview
- Located in Port Albert, this well-established restaurant presents a unique blend of authentic Sicilian and Italian cuisine in Victoria, Australia.
- It features a beautifully restored historical building dating back to 1856, attracting both locals and tourists.
- The restaurant ambience is enhanced with charming, checkered tablecloths, lobster pots, and rustic wood and stone accents.
- Offers a delightful menu, with fresh homemade pasta and pizza dough prepared daily for dine-in and takeaway customers.
- Operates with a single employee, emphasizing a personal and dedicated dining experience.
- Houses a fully compliant, newly renovated kitchen designed for seamless culinary operations.
- Available for sale, this business presents a rare opportunity for investors to own a piece of historical charm and culinary excellence in a prime location.
- It features a beautifully restored historical building dating back to 1856, attracting both locals and tourists.
- The restaurant ambience is enhanced with charming, checkered tablecloths, lobster pots, and rustic wood and stone accents.
- Offers a delightful menu, with fresh homemade pasta and pizza dough prepared daily for dine-in and takeaway customers.
- Operates with a single employee, emphasizing a personal and dedicated dining experience.
- Houses a fully compliant, newly renovated kitchen designed for seamless culinary operations.
- Available for sale, this business presents a rare opportunity for investors to own a piece of historical charm and culinary excellence in a prime location.
Products & Services Overview
We offer fresh homemade pasta made daily, along with pizza dough for both our in-house guests and takeaway customers.
Assets Overview
All furniture, refrigerators, freezers, lighting, air conditioning, and website POS systems.
Facilities Overview
The restaurant is situated in the historic Port Albert, established over 150 years ago and an ideal holiday destination. It boasts a marina and launch area for boating enthusiasts and fishermen. A secure long-term lease is available, with an attached apartment that can be used for personal stay or leased out for holiday accommodations.
Capitalization Overview
The business is self-funded by the owners, ensuring no outstanding loans for daily operations. Lease contracts are in place for kitchen equipment. Ownership is equally divided between two individuals, each holding a 50% share.
Tags:
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