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Restaurants For Sale in Fitzroy Melbourne VIC

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Indian Restaurant Business For Sale Fitzroy

Location:Fitzroy, Melbourne, Victoria

Category:Restaurant, Food, Takeaway Food

Asking Price:$Price On Application

400000

  • Sales revenue : $1,300,000 pa
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy
  • Indian Restaurant Business For Sale Fitzroy

Business description

Indian Restaurant Business for Sale located on the busy main road in Fitzroy. Excellent location in a busy and well known, trendy dining hub known for nightlife, with trams running right outside the front door.

Established 5 years, this restaurant has a large dining room, with seating capacity for 48 inside and a further 4 outside. It has a bar and a well equipped commercial kitchen with a tandoor. Also has a studio upstairs, which is currently used for storage, but may be used as a residence.

Has a very well designed website which offers online ordering for pick up or delivery, a visual menu and online booking system.

This Indian restaurant also has a catering menu and organises special events during the year.

Trades Monday to Wednesday for dinner (5:30 to 10pm) and Friday to Sunday for lunch and dinner. Fully licensed till 1am on Friday and Saturday, until 11pm on Sundays to Thursdays.

Owners work in the business with 3 full time and 8 part time staff.

Currently turning over average of $13,000 per week (was turning over $25,000 before restrictions).

Rent of $1,733 per week which includes the upstairs studio space. Lease of 5x5 commenced April 2018.

Could be run under management as there are experienced and qualified staff in place, which includes chefs.

This restaurant business is well worth an inspection.

For more information and to arrange an inspection contact Chris Panagiotidis [Phone Number Censored] or Elle Likopoulos on [Phone Number Censored].

Other Information

  • Years Established: 2015
  • Employees: 2 FT Owner, 3 FT 8 Casual
  • Trading Hours: 7 Days
  • Reason For Selling: Personal
  • Lease Terms: 5x5
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