Superb Under Management Restaurant Business For Sale

Ideally located on one of Melbourne’s most famous streets, this superb Japanese restaurant business for sale has been trading successfully for 20 years!

 

Serving a delicious and elegant Japanese menu, the business holds an excellent reputation and has a large number of regular customers!

 

– Taking around $14,000 per week

– Rent $5,600 per month includes 2 bedroom residence above the business!

– 5x5x5 lease currently in place

– Licensed 8am-11pm

– Seating 55 inside and outside

– Superb location on Smith Street generating huge exposure!

– Currently trading lunch and dinner Monday – Friday plus dinner only Saturday

– Can trade as a cafe, restaurant or combination of both!

– Opportunity to add breakfast trade on a high-traffic street!

– Currently operating under management with an excellent team of staff in place!

– Upstairs 2 bedroom residence has separate kitchen and bathroom facilities

– Big potential to capitalise on takeaway and delivery!

 

This really is a fantastic business opportunity for buyers looking for a successful hospitality/food business on one of Melbourne’s most desirable streets. While the business operates profitably under management, a new owner who wants to get involved in the business will find that there’s still a huge amount of potential still left in the business.

 

For further information on this fantastic Japanese restaurant opportunity, please call senior business broker Petros Margaritis on 0416 000 154

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingFamily commitments

Location City: FitzroyState: Victoria CategoryRestaurant/Food Service

Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$728,000

Contact PersonPetros Margaritis Price$199,000 Year Established1998

Phone0416000154 Cashflow$N/A EmployeesCurrently operating under management with an excel

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