Restaurants For Sale in South Yarra Melbourne VIC

This is a genuine under-management restaurant, operating with a high-quality in-house team and established systems that enable strong performance without day-to-day owner involvement. The structure has been deliberately designed to deliver consistent, high-level results, supported by experienced management and staff who are committed to remaining with the business under new ownership. Located in one of Melbourne's highly sought after retail strips.

The business delivers average weekly sales in excess of $63,000, with total revenue exceeding $3 million and an adjusted net profit of over $10,000 per week. Cost controls are well embedded, with COGS in the low 20% range, reflecting disciplined purchasing, menu design, and operational efficiency; all that would be passed onto the new owner.

Purpose-built for volume and scalability, the venue features two commercial kitchens; a dedicated high-volume preparation kitchen and a standout service kitchen that forms the heart of the operation. A high-quality fit-out runs throughout, complemented by a newly completed upstairs bar and intimate hospitality space, creating a meaningful additional revenue stream through functions, overflow dining, and beverage-led trade.

The venue offers approximately 80 seats in the main dining area, plus the upstairs bar area suited to private events or overflow capacity. The recent addition of the upstairs bar provides clear upside for an incoming owner, with opportunities to lift revenue, improve net profit, and accelerate return on investment.

Built with a strong focus on systems, scalability, and long-term performance, this represents a rare opportunity to acquire a high-performing, truly under-management restaurant with scale, stability, and growth already in place.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
Commenced 2023
5 years + 5x5x5 options till 2043

Premises Details
Purpose-built hospitality premises designed for high-volume trade and operational efficiency
Features two fully equipped commercial kitchens:
A dedicated high-volume preparation kitchen supporting consistency and scale
A standout service kitchen forming the heart of the operation and capable of handling peak-period demand
High-quality fit-out throughout, with no expense spared and no immediate capital expenditure required
Approximately 80-pax dine-in capacity on the main level
Newly completed upstairs bar and hospitality space, providing:
An intimate setting for private dining and cocktail service
Stand-up functions or overflow seating for larger groups
A clear additional revenue stream with strong margin potential
Layout and infrastructure support efficient service flow, staff management, and scalability
The premises have been thoughtfully designed to support volume, flexibility, and long-term performance, offering an incoming owner immediate operational capability with meaningful upside already built in.

Opening Hours
Monday to Friday 5 - 9 pm
Saturday & Sunday 12 - 9 pm

Opportunity
This is a rare opportunity to acquire a genuinely under-management, high-performing restaurant with proven systems, an experienced team in place, and strong, consistent financial results. The business is ideally suited to an investor, experienced operator or group, or step up buyer seeking scale without heavy owner involvement.

The recently completed upstairs bar provides an immediate avenue to increase revenue and net profit through private events, functions, and extended beverage-led trade, accelerating return on investment. With strong margins, disciplined cost controls, and a long lease with options, the foundations are firmly in place for continued growth.

An incoming owner can step into a well-structured operation with no immediate capex required, clear upside, and long-term security; an opportunity that is increasingly difficult to find in the current market.
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