About the Business

Restaurant For Sale - Kew, Melbourne

Rarely does a business in this precinct come to market combining proven profitability, long-term lease security, and this volume of genuine untapped growth potential in a single acquisition opportunity.

This established restaurant, bar, and function venue operates from a beautifully presented, purpose-fitted premises in the heart of Kew, one of Melbourne's most affluent and tightly held inner-east dining precincts. The business generates revenue across multiple streams including restaurant dining, bar and beverage service, takeaway, private functions, and group bookings. With a fully licensed 100-seat interior, three dedicated event and function areas, and an additional 16 outdoor footpath seats during summer, the infrastructure is built to support substantial volume at all levels of trade.

For the year ended 30 June 2026, the business delivered Owner's Discretionary Earnings (ODE) of circa $116,000, achieved entirely on a restricted, lifestyle-oriented 5-day trading week. Buyers considering an incoming dual owner-operator model, with both partners actively working in the business, have the capacity to eliminate the retained management salary and access ODE of $235,000 or more without any increase in top-line sales.

The current owners are selling to pursue other interests, having established a strong operational platform and loyal customer base across 18 months of trading.

The business occupies the premises under a secure commercial lease with a 5-year initial term and three further 5-year options, providing a potential tenure of 20 years. Annual rent is set at $80,000 + GST with standard CPI reviews, giving an incoming owner clear visibility over a key fixed cost for years to come.

The business currently operates with two owner-directors and a full-time chef, supported by approximately six casual staff contributing 70 to 80 combined hours per week. Day-to-day operations are well established, with clear role delineation between front-of-house and kitchen management.

The growth case here is compelling and executable. The business currently trades only five days per week (Wednesday to Sunday) and is closed on all public holidays, for two weeks over Christmas and New Year, and for up to ten days over Easter. Extension to six or seven-day trading, introduction of a breakfast and cafe offering, expansion of the private functions and corporate events programme, and the development of an off-site catering arm represent a clear and capital-light path to materially higher earnings. Each of these levers is available to an incoming operator from day one.

A structured training and handover period will be provided by the vendors to ensure a smooth and confident transition for the incoming owner.

This opportunity will appeal to experienced hospitality operators and owner-operator couples seeking a quality, established venue with a genuine earnings foundation and a clear pathway to growth. Complete the confidential enquiry form to receive the full Business Profile and financial details under a signed confidentiality agreement.

Disclaimer: All financial figures referenced in this advertisement are approximate only and are based on information provided by the vendor. Prospective purchasers should conduct their own due diligence and seek independent financial, legal, and business advice prior to entering into any agreement. Clinch Group has not independently verified the information contained herein.