URGENT SALE – FULLY EQUIPPED ITALIAN RESTAURANT & BAR – UNDER MANAGEMENT

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Chris Panagiotidis
 

Internal Ref: B15138

Summary

Under management and generating approx $5,000/week, this impressive venue offers seating for approx 110 patrons indoors, a full liquor licence until 11pm & substantial existing restaurant fit-out.

Revenue

$5,000 pw

Location Details

Prominent Bundoora location

Hours

Five-day trading week

Lease

Secure lease with further options

Employees

Currently operated under management

About the Business

An outstanding opportunity to acquire a large, fully equipped Italian restaurant and bar in a prominent Bundoora location.

Currently operating under management and generating approximately $5,000 per week, this impressive venue offers seating for approximately 110 patrons indoors, a full liquor licence until 11pm and a substantial existing restaurant fit-out.

The business operates just five days per week with limited lunch trading, presenting genuine scope for an experienced owner-operator or hospitality group to further develop the operation, expand trading hours and maximise the capacity of this impressive venue.

With the current owners having held the business for only two months, the sale is urgent due to personal commitments, creating an opportunity for an incoming purchaser to step into an established and fully operational hospitality venue.

KEY FEATURES:

• Takings approximately $5,000 per week
• Large 110-person indoor seating capacity
• Currently operated under management
• Fully licensed until 11pm
• Established Italian restaurant and bar concept
• Impressive existing fit-out
• Five-day trading week
• Limited lunch trading offering further potential
• Secure lease with further options
• Experienced staffing structure in place
• Opportunity for a hands-on owner-operator
• Urgent sale – genuine vendor motivation

A fantastic opportunity for an experienced hospitality operator seeking an established restaurant with substantial infrastructure already in place.

For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or [email protected].

Ref: B15138

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