About the Business

Established in 2023, this smokehouse restaurant offers dine-in and takeaway options. It benefits from various revenue sources, including rental income from an attached property and a meat smoking service adding to its profitability.

*Average weekly takings of $15,000
*Expansive 120 sqm premises
*Rent at only $808 per week
*Includes $150,000 worth of assets and equipment
*350-400kgs of meat is smoked at the shop bringing in extra revenue
*Has an attached dwelling rented out for $58,000 annually

Nick Kolaitis, Kristy Kolaitis and the team at LINK Melbourne are thrilled to present a well-established smokehouse restaurant in the south-east of Melbourne’s Central Business District to the market.

Established in 2023, this smokehouse restaurant offers dine-in and takeaway options, serving a wide customer base with its strategic location and flexible hours.

With an average weekly revenue of $15,000, it generates income from various sources, including rental income from the attached residence. Between 350-400kgs of meat is smoked at the shop and is charged out at $11 per kilo bringing in an extra $3850-$4400 per week adding to its profitability.

Operated efficiently, the business requires minimal staffing. There are only four casual employees, supplemented by the owner's involvement, totaling 10-15 hours per week. Operational costs are managed, ensuring healthy profit margins despite overheads such as rent, council rates and insurance.

Its 120 sqm premises are equipped with essential kitchen amenities and a spacious dining area -- it also includes a four-bedroom house with a rental income of $58,000 per annum and $150,000 worth of equipment featuring essential items such as a pass-through dishwasher, a waterless wok, a fridge, a fryer, an oven, a preparation bench, a grease trap, a canopy and a cool room.

Situated in a high-traffic area, this business is ideal for owner-operators or aspiring restaurateurs, offering simple operations yet substantial growth prospects with the possibility of extending operating hours and leveraging its existing infrastructure.

Listing ID: ME02910
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Ref: ME02910
Timestamp: 20240614120004