Lasagna Lab - A piece of Italy in Prahran

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Internal Ref: 1P6525

Summary

Lasagna Lab immediately signals its specialty, but the venue offers far more than exceptional handmade lasagna. Located on vibrant High Street, just off Chapel Street in Prahran, this Italian resta...

Location Details

High Street

About the Business

Lasagna Lab immediately signals its specialty, but the venue offers far more than exceptional handmade lasagna. Located on vibrant High Street, just off Chapel Street in Prahran, this Italian restaurant delivers an authentic experience through its food, décor, and warm hospitality. The consistently strong online reviews speak to the quality of the offering and the loyalty of its customer base.

The venue features footpath trading for up to twelve patrons at the front of the restaurant. Guests enter through large glass doors into a cosy, well-designed dining room ideal for couples and small groups, with a welcoming bar positioned on the left. Beyond the main dining area, a covered outdoor zone leads to a charming garden and the venue's restrooms. A fully equipped commercial kitchen sits at the heart of the business, flowing through to wash-up areas, storage spaces, and a walk-in cool room. Upstairs is a private dining room accommodating up to sixteen guests around two large timber tables, perfect for group bookings and intimate functions. Additional upstairs storage rooms house freezers and provides staff amenities.

Lasagna Lab operates under a Restaurant and Café Licence until 1am, with a capacity of 75. The licence also permits alcohol supply for offsite catering and events. The lease has five years remaining (1+4), with the landlord willing to negotiate further terms. Rent is exceptionally competitive at $958 per week including GST-rare for a venue of this size and in such a premium location. The sale includes an extensive list of fixtures and fittings, with no equipment leases or supplier contracts to take over and does not include the business name.

The current owners have operated the business for over six years and are now preparing to return home to Italy. The venue has been meticulously maintained, and the quality of the fit-out reflects the care and passion invested into it. With its excellent location, flexible layout, and strong licence, the site can be easily adapted to any cuisine or concept. Lasagna Lab is ideal for an owner-operator seeking a well-established venue with low overheads and manageable risk. Financials are available, though record-keeping has not been the owners' strong point. As such, they are seeking offers in the region of $95,000 for this exclusively listed, turnkey Italian gem.

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