Restaurant - Regional Victoria Hub

Restaurant - Regional Victoria Hub

Preview Listing
Preview Listing
Preview Listing

Location Details :

Country

Australia

State

Victoria

City

Melbourne


Industry :
Food/Hospitality - Restaurant ;

Financial Details :

Revenue

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EBITDA

--

EBITDA multiplier

-x

About the business

Great opportunity to buy a well-established, vibrant and professionally-run restaurant in one of Victoria’s largest regional cities. The business has been in operation for many years and features a sizeable premises which comfortably seats over 100 diners. Whilst highly profitable at the moment, the growth opportunities for the business are endless and include converting sizeable unused space into a function area and opening for daytime-trade.

The sale includes the successful business operation as well as the option to purchase the sizeable property from which the business runs. Being at the heart of this regional city, the property represents a great long-term investment.

Key Features & Benefits:
- Restaurant located in the heart of a sizeable (>100,000 people) and fast expanding Victorian regional city. It is universally known within the city and has ~5,000 cars passing daily
- Current operations include restaurant, take away and online, which diversifies the source of sales and means there is never a “dead” night
- Having been in operation for many years, there is a huge local following – some regulars can be seen up to 3 times per week
- Most recent fit out was in 2017 and premises have been well maintained – restaurant and is looking current and inviting
- Business holds a liquor license which is not exploited by the current owners. Significant opportunity to grow sales through expanding bar/late night side of the business
- Endless opportunities for growth in all departments (restaurant, bar, take away and delivery). There is a second floor space, courtyard and back area which are largely unutilised – all could be restructured into function spaces, additional dining spaces or bar areas.
- Kitchen is currently not utilised all day – opportunity to expand profits by opening for lunch and breakfast
- Given the size of the staff pool and the size of this city, the business is largely protected from the staffing issues that smaller hospitality businesses may experience
- Great online presence that can be further leveraged - strong followings on social media and excellent google reviews

This is a rare opportunity to snap up an already successful hospitality business that has huge potential to go even further. Contact us NOW for a fast response – complete the enquiry section on this page!

Price: $495,000 (business) + $3 million (property)

*Images are used for advertising purposes. Actual business images may not appear.

Finn Business Sales
thefinngroup.com.au
1300 535 932

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$495,000

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