Highly Profitable Restaurant - Prestigious Bayside Location

Highly Profitable Restaurant - Prestigious Bayside Location

An outstanding opportunity to acquire a well-established and highly profitable restaurant in one of Melbourne's prestigious Bayside locations.

Operating successfully for 24 years under the same operator, this business has built a strong reputation, loyal customer base and consistent weekly sales. The current operator is now ready to retire, presenting an excellent opportunity for a new owner to take over a proven and successful hospitality business.

Business Highlights
Gross takings approximately $55,000 per week
Highly profitable operation
Rent around 10% of revenue
120-seat capacity
Modern, quality fit-out
Prime Bayside Melbourne location
Established for 24 years
Same operator for 24 years
Current operator ready to retire
Loyal and established customer base
Experienced staff in place
Strong reputation within the local area
Excellent opportunity for an experienced hospitality operator, group or investor

With strong weekly turnover, rent at approximately 10% of revenue, a proven 24-year trading history and an experienced team already in place, this is a rare opportunity to acquire a substantial and highly regarded hospitality business in a tightly held Bayside location.

Asking Price: $980,000

Serious enquiries only. Further information available upon completion of a confidentiality agreement.