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Profitable Italian Restaurant in Prestigious Bayside area

Profitable Italian Restaurant in Prestigious Bayside area

Price: $985,000 + Stock

Successful & Profitable Italian Restaurant & Bar in Prestigious Bayside Melbourne

Business Overview

Established for about 24 years, this renowned Italian restaurant has become a cornerstone in the affluent bayside area of Melbourne, celebrated for its high-end clientele and vibrant community atmosphere. Prime location: Situated in a prestigious bayside suburb of Melbourne, the restaurant enjoys high foot traffic, proximity to boutique shops, and a strong local community, making it a sought-after dining destination. Loyal clientele: substantial base of regular clients, reflecting its esteemed reputation and exceptional dining experience. Impressive financials: Achieving average takings of $55,000 per week, with estimated annual earnings of over $500k for the part-time owner. Operational excellence: Managed by a dedicated team of professional chefs, kitchen staff, and waitstaff, ensuring smooth daily operations with minimal owner involvement (approx.. 2 days per week). Fully Licensed to serve alcohol until midnight, catering to both early diners and late-night guests. Spacious and inviting: Accommodates up to 120 guests with both indoor and outdoor seating options This opportunity offers a seamless transition for the new owner, with established systems, a strong brand presence, and a proven track record of success. This is a rare chance to acquire a thriving hospitality business in one of Melbourne's most desirable locations. PLEASE CONTACT “SAM VASLI” FOR MORE INFORMATION ON THIS UNIQUE BUSINESS OPPORTUNITY. M: 0432 579 502 EXPERT BUSINESS BROKERS

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