Just Listed

Fully Managed Iconic 300-Seater Restaurant & Function Venue For Sale - Melbourne’s Thriving Western Suburb

$720,000 To $750,000

 Calling All Restaurateurs & Hospitality Visionaries!

Achiever Business Brokers proudly offers a golden opportunity to own a highly sought-after restaurant and function venue in a bustling shopping center. This venue combines a vibrant restaurant, café, bar, and function venue - all under one roof!

Key Highlights:

  • Revenue: FY24 turnover - $1.8 to 1.9 million + Catering Income
  • Generous Seating: 300-seat capacity with modern fit-out and elegant décor.
  • Prime Location: Strategically located in a busy shopping center with ample parking.
  • Fully Equipped Kitchen: Spacious commercial kitchen with a walk-in cool room and separate prep/wash area.
  • License: 7-day license for up to 300 patrons, operational until 1 AM.
  • Long Lease & Spacious Premises: Secure lease in place with reasonable rent—spacious 535 sqm premises.
  • Strong online presence- 4.4 Star Google Rating, 2.1k Facebook followers, 2.7 followers on Instagram, well-designed website
  • Currently Under Full Management - Managed by a full-time manager, 2 supervisors, 3 chefs, Part-time and casuals, ensuring smooth, simple operations.
  • Function Venue - 300 Parton licensed venue, ultimate place for parties and functions, plenty of car parks, always advanced booking in place for celebrations.

Why Invest?

  • Ready to Operate: Million-dollar fit-out with no further investment required.
  • Strong Online Presence: 4.4 Google rating, 2.1k Facebook followers, and 2.7k Instagram followers.
  • Advanced Bookings: Popular venue for celebrations and events with consistent bookings.
  • Fully Managed: Experienced team in place, including a manager, supervisors, chefs, and casual staff.
  • Versatile Appeal: Suitable for owner-operators or investors seeking strong ROI.

Don’t miss out on this rare opportunity! For more information, contact Achiever Business Brokers and take the first step towards owning this fully managed, income-generating business.

Note: Detailed financial information will be provided to qualified buyers upon signing a Non-Disclosure Agreement (NDA).  

This business is exclusively listed with Achiever Business Brokers.

 

#achieverbusinessbrokers #abb #businessforsale #beyourownboss #makeityours #iconic #restaurant  #bar #cafe #function #venue #partyvenue #fullymanaged #passiveincome #undermanagement #business #Melbourne #Australia

Disclaimer: The information in this advertisement is what has been disclosed to Achiever Business Brokers by the vendor. Achiever Business Brokers cannot guarantee and are not liable for the information provided by the vendor. Achiever Business Brokers strongly advise that any prospective purchaser do their due diligence to verify the sales and financial performance of this business along with consulting with their professional advisors before committing to any purchase of the business.

 

Details

Suburb Melbourne
Price $720,000 To $750,000
Property Type Business
Property ID 349
Category Food/Hospitality, Food/Hospitality, Food/Hospitality

Tools

Share This Business

Agent Details

Get Directions

What our clients say

I had very good experience, and I got just the right person very honest and professional. As a buyer I’m very happy and highly recommended, thank you so much achiever team specially thanks to Sumit...

Dan Fara

Best Business Broker In Melbourne, Very professional & helpful,Sold my barber Shop through Sumit Vishal from Achiever Business Brokers, everything went well & they kept me well informed throughout...

Yasir Keryakus

Very professional service and lovely broker. What was promised was delivered in the time frame. Very happy and recommend them.Special thanks to Sumit and highly reccomend him.

Balwinder Jaswal

Sumit is one of the best broker out there. Very professional, helpful and accommodating service provided for my business acquisition for Commercial Catering Equipment. Much appreciated.

Su Nguyen

I can fully recommend Sumit if your looking at selling your business, he guided us through every process nothing was to much trouble, he did everything he said he would and brought plenty of potential...

Wayne M

Sumit is very realistic person to sell your businsess in any condition as we found him to be the most honest and professional invidivual. During these uncertain times he tried extremely hard to sell our...

Srujal Patel