Ready for acquisition is a profitable takeaway restaurantand casual dining business specialising in Greek cuisine, including souvlaki, with a simple and efficient menu. Located in front of a well-known foreshore park and pier, the business attracts locals and tourists and has a solid reputation, as demonstrated by its Google reviews. It is ideal for an owner-operator seeking a business with streamlined operations and strong foundations for growth.
*Taking $594,452 PA (ex GST)
*Adjusted Net profit of $205,545 PA to one owner
*Prime waterfront location
*Long-term lease
*Includes Three bedroom apartment upstairs
*Fully equipped premises with liquor licence
*70 indoor and 10 outdoor seats
A profitable Greek take away restaurant in Melbourne's south western bayside suburbs.
The business is a takeaway and casual dining restaurant specialising in souvlaki and other Greek fares. It benefits from a strategic location opposite a bayside pier along a busy dining strip with high foot traffic. The location also provides ample street parking for its customers.
The refurbished two-storey premises of the business has a spacious 120 sqm dining area which includes an enclosed outdoor seating space at the rear, ideal for functions. Upstairs offers a 3 bedroom apartment with separate street front entry that could be rented for $500-$600 per week, offering additional rental income potential. It also has modern equipment, including gas rotisserie spits, multiple fridges and a complete cooking and prep area. The business has one part-time owner-operator and a small team of casual staff members that efficiently run the business.
With its streamlined operations, strategic location and complete equipment, the business offers further significant opportunities for growth by extending trading hours, expanding marketing efforts or exploring new menu options.
Contact Con today to start cooking success!
Listing ID: ME03128
Broker: Con Tsonis
Phone: 0411 744 466
Email: con.tsonis@linkbusiness.com.au
Ref: ME03128
Timestamp: 20250312050003
