URGENT SALE! Profitable Restaurant for Sale – Eltham, VIC

4 days ago

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Coast to Coast Business Sales
 

Internal Ref: 4644

Summary

An exceptional opportunity to acquire a long-standing restaurant operating in a tightly held location. The business has been trading for nearly 34 years and is well regarded for its contemporary cuisi

About the Business

Business ID: XB164857

Profit to a working owner $14K+ per month – Submit offers by 2pm, 26th March

An exceptional opportunity to acquire a long-standing restaurant operating in a tightly held location. The business has been trading for nearly 34 years and is well regarded for its contemporary cuisine, consistent quality, and warm hospitality. It benefits from strong local support, limited nearby competition, and a cost-efficient operating model that delivers solid profitability.

The venue offers a practical and well-designed layout with 28 indoor seats and 40 outdoor patio seats, making it suitable for everyday trade as well as group bookings and private functions. The kitchen is fully equipped, including a tandoor, allowing for authentic preparation, efficient service, and controlled food costs. With affordable rent and low labour requirements, this is a proven, easy-to-manage hospitality business with further upside.

Business Highlights

- Nearly 34 years of continuous operation

- Strong local following and repeat customer base

- Prime location with limited direct competition

- Seating for approx. 68 patrons (indoor + outdoor)

- Fully equipped commercial kitchen including tandoor

- Low food and labour cost structure

- Affordable rent of approx. $4,050 per month

- Multiple revenue streams: dine-in, takeaway, delivery & catering

- Turnkey operation suitable for owner-operators or investors

Training

The vendor will provide a handover and training period to ensure a smooth transition for the incoming owner.

This business is ideally suited to an owner-operator or a hospitality professional seeking a proven, profitable restaurant with a long trading history, strong foundations, and clear opportunities for further growth.

Asking price: All Offers Invited – Deadline for Submission 2pm, 26 March

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