A fully managed restaurant established in 2018 is available for acquisition. It is situated in a prime shopping centre location, ensuring high foot traffic and ample visibility. The business features a large seating capacity and a reputation for generous buffets. It presents an opportunity to acquire an established business with high revenue potential and minimal management requirements.
*Taking $22,000 PW
*P&E valued at $650,000
*Shopping centre location
*565 sqm premises
*Fully managed
*Liquor license
Nick and Kristy Kolaitis and the team at LINK Melbourne are excited to present a thriving restaurant in Melbourne to the market.
The business offers an extensive breakfast, lunch and dinner menu consisting of starters, mains, sides, cocktails and desserts. It also features a whole-day international buffet highlighted by continental and Indian cuisines.
It is situated in a corner spot within one of the suburb's renowned shopping complexes. Generous food offerings, exceptional customer care and strategic location are the main contributors to the business's consistent $22,000 weekly takings.
Its expansive 565 sqm premises are fully fitted with plant & equipment valued at $650,000, ensuring sufficient resources for continuous operations and eliminating the need for substantial capital investment post-acquisition. The business's dining area can accommodate 200 customers in indoor and alfresco dining seats.
The business is fully run by an existing management and operational staff consisting of one full-time, two part-time and three casual employees. The current internal structure presents the opportunity for the incoming owner to generate substantial income without actively participating in business operations.
Don't miss this thrilling business acquisition opportunity, give Nick or Kristy a call today!
Listing ID: ME02948
Brokers: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Ref: ME02948
Timestamp: 20240621013003
