Location:
Melbourne 3004 > Melbourne - Greater > Victoria
Investment level:
$495,000 + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Iconic Long-Established Steakhouse Restaurant – Inner-South of Melbourne CBD
A true Melbourne dining institution, operated by the same owner for over 50 years, now looking to retire.
Located on the south side of Melbourne CBD (approx. 3km away), this business enjoys an outstanding position with excellent exposure and easy accessibility.
Beautifully presented and fully equipped, featuring a large commercial kitchen with multiple preparation areas, walk-in coolroom and freezer, and extensive storage at the rear.
Includes a front wine and cocktail bar and a spacious dining area comfortably seating around 100 patrons, offering a warm and inviting atmosphere.
Massive kitchen and infrastructure setup suitable for high-volume trade, catering, or private functions.
Estimated equipment current value over $150,000, all in excellent working condition and ready for immediate operation.
Consistent average weekly sales of around $27,000
Supported by a professional and long-term team of chefs, kitchen, and front-of-house staff, ensuring smooth operations and minimal owner involvement.
Long and secure lease in place with a reasonable rent
A perfect opportunity for an experienced operator or group looking to acquire a large-scale, fully established, and high-performing restaurant with an unmatched legacy.
Tremendous potential for growth through extended hours, event bookings, or rebranding under new management.
Asking Price: $495,000
Estimated Equipment Value: $150,000+
Average Weekly Sales: $27,000+
Seats: Approx. 100
Return on Investment: Around 2 years
Lease: Long and secure, flexible terms with landlord-owner
A rare opportunity to take over one of Melbourne’s most respected and long-running dining venues, fully fitted, consistently profitable, and only minutes from the CBD.
Inspection will impress.
PLEASE CONTACT “SAM VASLI” FOR MORE INFORMATION ON THIS OPPORTUNITY
M: 0432 579 502
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