Location:
Melbourne 3000 > Melbourne - Greater > Victoria
Investment level:
$159,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Business ID: XB164802. POPULAR FAMILY RESTAURANT IN HIGH-GROWTH SUBURB Step into a taste of Greece in the heart of Malvern East with this beloved family-friendly restaurant. Known for its authentic re
Business ID: XB164802
POPULAR FAMILY RESTAURANT IN HIGH-GROWTH SUBURB
Step into a taste of Greece in the heart of Malvern East with this beloved family-friendly restaurant. Known for its authentic recipes and warm, welcoming atmosphere, the venue consistently attracts regular diners, families, and function bookings.
With a prime corner location in a high-growth suburb, a strong online presence, and the potential to extend trading hours, this is a rare opportunity for a hospitality professional to take over a thriving, well-established business with significant untapped potential.
Business Highlights
- Well-established licensed restaurant in a prominent corner location
- Turnover: $600K
- Spacious 200 sqm venue with 90 seats indoors plus 30 outdoors
- Trades Wednesday to Sunday, 5:30pm to 9:30pm – closed Mondays and Tuesdays
- Huge potential to extend trading hours; currently closed for 7 weeks of holidays
- Very popular venue for events and functions, including private parties and corporate bookings
- Excellent website with online booking achillesgreektavern.com.au
- Live Greek Rembetika music and Greek Banquet every month
- Owner-operated with staff – owners relocating overseas
Achilles Greek Restaurant offers significant untapped potential, given its prime position in Malvern East, a suburb undergoing transformation with new residential and commercial developments and upgraded infrastructure.
Now is the time to secure this desirable venue and reap the rewards in the future.
PRICE: $159,000
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