Restaurants For Sale in Flemington Melbourne Vic

Profitable Turkish Restaurant and Takeaway

Advert Id: 394924, Sellers Ref: (ME03459)
  • Location: Flemington, Melbourne, Victoria
  • Category:Restaurant
  • Asking Price:$165,000
  • 165000
  • Sales revenue :Undisclosed
  • Net profit :Undisclosed
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

This is a compelling opportunity to acquire a profitable Turkish restaurant and takeaway on one of Flemington's busiest main road thoroughfares, generating $500,000 in annual revenue exceptionally low rent of just $1,272 per month.

Operating five days a week with 24 indoor seats and 4 outdoor seats, the business serves an authentic home-made Turkish menu across gozleme, pide, kebabs and sweets, supported by a loyal and consistent local customer base. Deliveries are handled by UberEats. Running as a lean operation with one full-time owner-operator and 2 casual staff, the business has maintained a low-cost structure that delivers strong profit margins. All plant and equipment is fully owned and in excellent condition, with a full commercial kitchen setup ready to trade from day one.

*Annual revenue $500,000
*Lease of 5+5+5 years (commenced 2022)
*Rent at only $1,272 per month
*Security deposit at $16,000
*P&E valued at $100,000 plus, included in the sale
*3-bedroom upstairs residence (some rooms already leased out), with flexibility for an owner-operator to live on-site, lease the rooms individually, or sublease the entire house for extra income.

Contact Walid Hijazi today to find out more about this highly profitable restaurant!

Business Broker: Walid Hijazi
Ref: ME03459
Mobile: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03459
Timestamp: [Phone Number Censored]

Link Business Melbourne

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