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Summary
$90,000 WIWO - Priced for a Quick Sale - Offer Invited! Positioned within walking distance of Luna Park and alongside one of Melbourne's busiest theatres, the business has been operating successfully
About the Business
$90,000 WIWO - Priced for a Quick Sale - Offer Invited!
Positioned within walking distance of Luna Park and alongside one of Melbourne's busiest theatres, the business has been operating successfully for more than 20 years and has built a loyal customer base of locals, tourists and theatre patrons. On performance nights, the restaurant regularly operates at full capacity, with the neighbouring theatre actively promoting the venue to its audiences.
Business Highlights:
- Prime St Kilda location
- Walking distance to Luna Park
- Located beside one of Melbourne's busiest theatres
- Theatre referrals generate consistent pre-show and post-show trade
- Seating for more than 65 patrons
- Fully equipped commercial kitchen
- Dedicated pizza oven
- Modern bar with beer taps
- Fully licensed venue
- Footpath trading permit
- Trading 6 days per week
- Fully staffed operation
- Weekly rent of approximately $1,615 (including GST)
- Long lease with 5 years remaining plus two further 5-year options
- All plant and equipment is owned and in excellent working condition
- Serving modern Italian and Mexican cuisine
Why This Business Stands Out
Hospitality businesses in this location rarely become available at this price point.
The business is fully operational, meaning a purchaser can take over immediately without the cost and time involved in setting up a new venue.
Reason for Sale
The owner is selling to pursue other business interests and is motivated to achieve a prompt sale.
Confidential Enquiries: All inquiries are treated with the utmost confidentiality.
Note: A Confidentiality Agreement and Photo Identification are required before receiving further business information or arranging an inspection.
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 advises that any prospective purchaser do their own due diligence to verify the sales and financial performance of this business, along with consulting their professional advisors before committing to any purchase of the business.
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