Versatile Licensed Restaurant Opportunity | Prime Elsternwick Location

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Chris Panagiotidis
 

Internal Ref: B15113

Summary

Rare opportunity to secure a hospitality venue offering exceptional flexibility -Spacious premises for efficient operation & seating for approx 50, fully equipped commercial kitchen, walk-in cool room

Revenue

$8,000 pw

Potential

A spacious hospitality venue offering exceptional flexibility. Suitable for a variety of hospitality concepts (subject to council approval). Seating for approximately 50 patrons

Lease

Long-term 5 + 5 year lease commenced July 2025

Reason for Sale

Owner is moving overseas

About the Business

A rare opportunity to secure a spacious hospitality venue offering exceptional flexibility, whether you choose to continue operating as a successful Indian and Nepalese restaurant or introduce an entirely new dining concept (subject to council approval).

Established for eight years, the business has built a loyal customer base and strong local reputation while generating approximately $8,000 per week in turnover. The current owner, who originally worked in the business as its chef before purchasing it, has maintained the restaurant's quality, authenticity and consistency. With the owner now relocating overseas, this presents an outstanding opportunity to acquire a proven business with immediate trading income.

The spacious premises are designed for efficient operation and feature seating for approximately 50 patrons, a fully equipped commercial kitchen, walk-in cool room and a liquor licence until 11:00pm. With quality infrastructure already in place, an incoming owner can simply walk in and continue trading or rebrand the venue to suit their own vision.

A secure long-term lease provides peace of mind, while the generous floorplan and versatile layout create endless possibilities for future growth. Opportunities to secure established hospitality venues of this size and calibre in Elsternwick are becoming increasingly difficult to find.

Key Features:
- Approx. $8,000 weekly turnover
- Established business trading for 8 years
- Long-term 5 + 5 year lease commenced July 2025
- Seating for approximately 50 patrons
- Fully licensed until 11:00 pm
- Two private rear car parks
- Suitable for a variety of hospitality concepts (subject to council approval)
- Genuine relocation sale

For more information or to arrange an inspection please contact:
Chris Panagiotidis on 0433 582 533 or [email protected]

REF: B15113

History

Established business trading for 8 years

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