An exceptional opportunity to acquire a large, long-established restaurant and bar located in a prime inner-city hospitality precinct only minutes from Melbourne CBD.
This substantial venue offers strong revenue, large seating capacity, and significant infrastructure, making it ideal for experienced operators or hospitality groups seeking a high-capacity restaurant and function venue.
Business Highlights
Annual Revenue: Approx. $1.4M (Avg $28,000+ p/week)
Net Profit FY2025 (PEBITDA): $273,000 (on the book)
Seating Capacity: 95 patrons
Premises Size: Approx. 660 sqm
Price: $490,000 (recently reduced)
Equipment Value: $150,000+
Ground Floor Venue
Spacious restaurant with large dining area and fully licensed bar
Commercial kitchen with multiple preparation areas
Walk-in coolroom and freezer
Infrastructure designed for high-volume service
Upstairs Function Venue (Currently unused for a couple years and offering significant growth potential)
150+ seated or 200+ standing capacity
Existing licensed bar and commercial kitchen
Food lift connecting both kitchen levels
Separate street entrance, amenities and balcony area
Ideal for functions, weddings and private events
Upstairs can be included in the sale at no additional cost, but separate rental fee
(subject to landlord's approval)
Operations & Lease
Fully staffed operation with manager and experienced team in place
Current owner has retired and is only overseeing operations
Owner is also the landlord, providing potential lease security and flexibility
Asking Price: $490,000
Contact SAM VASLI from Expert Business Brokers
[Phone Number Censored]
Browse through the list of other high performing businesses for sale in Australia.
The long wait for the people of lilydale to share in some of australia’s favourite desserts is over at last! the cheesec...
Popular durk’s cafe + eatery franchise for sale – easy operations – full training and support – low investment...
Takings: $15,000 per week approx. - this cafe/takeaway is located in a prime corner position within a major industrial ...
Are you ready to embark on an exciting journey with piccolo me? as a rapidly growing australian-owned and family-operate...
This is a rare opportunity to acquire a well-established, high-performing group fitness studio operating under a leading...
This is an exciting opportunity to acquire an established group fitness franchise operating under a global training syst...
Milk run - distribution businesses for sale - want great income and work alone? opportunity is knocking, this busin...
Beautifully designed giftware & florist fully managed. this business offers an outstanding opportunity for an experi...
Lifestyle and income combined fully managed cafe opportunity this well-established cafe presents an outstanding opport...
Leading parcel & freight reseller•innovative retail, ecommerce, micro fulfillment technology•high growth market•best ind...
Located in one of MELBOURNE's most desirable bayside suburbs, this beautifully presented restaurant and wine bar offers ...
- popular italian restaurant and takeaway in the heart of the eastern suburbs for sale! - huge weekly turnover of approx...
Unmissable opportunity to own one of south MELBOURNE's premier cafes located in the heart of a bustling precinct, surro...
24 hour licensed cafe/bar/restaurant trading 6 days a week this is the first time this high-turnover cafe/bar/restaura...
High-growth specialised cleaning franchise for sale – prime locations across australia – large exclusive territories – a...
Start your coffee empire! this rare opportunity is available now and will be highly sought after. don't delay in taking ...
Be your own boss and partner with an experienced brand to assist in your success! don't delay in taking advantage of $40...
New lone star rib house & brews restaurant & bar franchise for sale - reputed brand – rosebud, vic...
New lone star rib house & brews restaurant & bar franchise for sale - reputed brand – mernda , vic - upcoming venue - tr...
Well-established fruit & vegetable retailer operating for over 20 years location & situation - far south eastern suburb...
Established removals and logistics business strong reputation with strong returns a proven MELBOURNE business with con...
- original ferguson plarre bakehouses flagship store, proudly operating successfully within the community for over 120 y...
- impressive weekly turnover of approx. $45,000 with strong support from both locals and destination diners. - highly re...
Exceptional opportunity to secure a thriving zeus street greek franchise in south MELBOURNE. - strong annual turnover ex...
Business2Sell is one of the biggest and trusted marketplaces for buying and selling businesses in Australia. With thousands of buyers and sellers visiting the site every day, it offers wider reach and extensive opportunities. Whether you are an aspiring entrepreneur, investor, or seller, you will find what you are looking for right here.
