Internal Ref: B15017
Summary
An outstanding opportunity to acquire a high-performing Mediterranean restaurant in Melbourne’s sought-after western bayside region, generating annual sales exceeding $1.15 million.
Revenue
$1,150,000 pa
Rent
$38,400 pa
Location Details
Located in Melbourne’s sought-after western bayside region.
Lease
3 years commenced April 2025 plus 2 further terms of 3 years.
About the Business
An outstanding opportunity to acquire a high-performing Mediterranean restaurant in Melbourne’s sought-after western bayside region, generating annual sales exceeding $1.15 million and benefiting from an exceptionally favourable occupancy position.
A major commercial advantage is the on-site ATM generating approximately $3,500 per month in additional income. With rent of approximately $3,200 per month, this additional income offsets the majority of the base rental cost – a significant benefit for a hospitality business of this scale.
The restaurant has established a strong presence within the local community, supported by loyal repeat customers, a strong online profile and diversified trade across dine-in, takeaway and catering.
Fully operational and well equipped, the venue provides an incoming owner with an established platform to step in and continue trading immediately, with further opportunity to build on the existing operation.
Key Features
Annual sales exceeding $1.15 million
Rent approximately $3,200 per month
On-site ATM generating approximately $3,000 per month in additional income
Secure lease commenced April 2025 with 2 further 3-year options
Strong dine-in and takeaway trade
Established and growing catering operation
Seating for approximately 28 patrons indoors plus 8 outdoors
Fully equipped commercial kitchen
Loyal local customer following
Strong online and social media presence
Multiple established revenue streams
Further potential for growth under new ownership
The combination of seven-figure turnover, secure tenure and exceptionally low effective occupancy costs makes this a particularly compelling hospitality opportunity.
Ideally suited to an experienced owner-operator, family business or hospitality group looking to acquire an established operation with strong existing trade and further growth potential.
For further information or to arrange an inspection, contact Tina Tzanopoulos on 0401 067 488 or [email protected].
Ref: B15017
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