Iconic Hampton Italian Restaurant + 3BR Residence & Lease to 2034

$280,000 plus SAV

Description

Quality Italian Restaurant – A long standing local favourite serving authentic Italian cuisine, now available for the first time in 18 years.

Located in a prime position in the heart of Hampton, directly opposite a busy local school, this well established restaurant enjoys strong repeat trade, a loyal customer base, and a reputation for generous, high quality meals.

Ideal for an Owner Operator Seeking a Lifestyle Business.

This is a genuine walk-in opportunity for a hands-on operator or family team to take the reins of a proven performer and make it their own.

The Business Features:
• Open 6 nights a week – strong turnover with plenty of scope to grow.
• Regular orders for local schools of up to 100+ pizzas each, 6–8 times per year.
• Secure lease until 2034 – providing long term stability.
• Directly across from a busy school – excellent exposure and potential for lunchtime trade and or coffee.
• No competition of any food or coffee in the strip shops.
• No lunch service currently offered, giving a new owner the chance to expand into daytime dining and takeaway.
• Spacious dining area and rear function space, ideal for families, groups, and events.
• Fully equipped commercial kitchen with quality appliances and ample prep space.
• Secure lease with attractive rent terms (business & residence included).
• Total seating capacity for 80 patrons across indoor and outdoor areas.
• Two fully serviced bars – maximising efficiency for both dining and events.

Staff No

Large pool of 20+ staff to choose from. Current owner is part time in the business only 15 hours per week.

Lease Info

Lease till 2034

Trading Times

5pm - 9pm Tuesday to Sunday

Size of Premises

The site includes a comfortable 3-bedroom, 2-bathroom with balcony residence directly above to the business – perfect for an owner-operator wanting to cut living costs or have the ultimate work/life convenience or live on site staff. This private home offers: • Open-plan living areas x2 and dining area. • Modern kitchen. • Three (3) generously sized bedrooms and two (2) bathrooms. • Direct internal access to the restaurant. • Study room Why This Opportunity Stands Out: • Prime Hampton location with strong local following. • Excellent exposure opposite a school – high foot and vehicle traffic on a main road. • Established reputation with great Google reviews. • Consistent sales and profitability over a long period. • Well-maintained premises with a quality fitout – turnkey operation that is still operating in profits.

Opportunity

This great Italian Restaurant offers the perfect blend of a proven hospitality business and lifestyle living in one of Melbourne’s most desirable bayside suburbs. With a secure lease until 2034, prime exposure, and seating for 80 across multiple areas, the foundations are already in place for ongoing success. A hands-on owner could: *Introduce lunch service to capture the busy school and local business trade. *Expand catering operations beyond existing school contracts into corporate and private events. *Increase function bookings in the private rear area to maximise the venue’s event potential. *Leverage the two fully serviced bars for cocktail nights, wine dinners, or themed events. *Promote through targeted marketing campaigns to attract new customers from surrounding suburbs. This is a rare turnkey opportunity to step into a well established and profitable business, with the added bonus of a modern 3-bedroom, 2-bathroom residence on site – offering the ultimate in work/life convenience. Zero Competition!

Weekly Sales & Turnover

Turnover (inc GST)

$20,000

Reference No: ND08PFR88

Business Listed by

Nathan Demellis

Licensed Real Estate Agent, Business Broker (VIC) and Hospitality Consultant @ GSE Hospitality Brokers

I began my journey in Melbourne’s most esteemed kitchens, including Crown Casino restaurants and the iconic Cecconi’s, where I trained alongside industry leaders. Later, as sous chef at St Kilda’s renowned Stokehouse, I developed the leadership and operational expertise needed to excel in high-pressure environments. These early experiences laid the foundation for my success in ownership, management, and consultancy.

I specialise in helping hospitality operators achieve their goals—whether that’s maximizing the value of their business, developing exit strategies, or securing the perfect acquisition.

Over the years, I’ve led the development and growth of numerous successful ventures, including the franchise expansion of Ena Greek Street into Westfield centres and ownership of several thriving coffee shops in Melbourne’s CBD, outer suburbs and the Mornington Peninsula. I’ve dedicated my professional life to creating, managing, and elevating high-performing hospitality businesses.

At GSE Melbourne, I bring this wealth of experience to the brokerage space, empowering clients with honest, transparent, and data-driven advice. Whether guiding a business through a seamless exit transition or identifying opportunities for growth, my focus remains on creating success stories for hospitality operators. My track record in assembling high-performing teams, optimizing operations, and driving profitability sets me apart as both a trusted advisor and an industry insider. Specialist knowledge with practical solutions.

If you’re ready to explore new opportunities, grow your business, or plan your next chapter, let’s connect. Together, we’ll build a strategy that aligns with your vision and delivers measurable success.

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The Prospective Buyer of the Business agrees to be bound by this deed as follows: All information of a confidential nature disclosed to the Prospective Buyer (including to Agents, legal & other advisors) may not be disclosed to any other party prior to, during a subsequent to the entering into by the Prospective Buyer of a contract.

All records of the Business, financial, intellectual or otherwise are confidential and must remain so. This deed does not prevent any party from making a disclosure required by the law and does not include information normally in the public domain.

The Prospective Buyer acknowledges information supplied by GSE Business Consultants: Is provided by and on behalf of the Business Owner. Is not guaranteed by GSE Business Consultants and it shall be the responsibility of the Prospective Buyer to do whatever is reasonably necessary at its own expense to verify such information GSE Business Consultants are not acting as an investment or financial advisor.

The Prospective Buyer confirms GSE Business Consultants, having supplied the material requested by the Prospective Buyer does so as agent only and as such bears no responsibility for the accuracy thereof or any errors contained therein and the Prospective Buyer will not hold GSE Business Consultants liable for any loss or damage sustained with respect to reliance on such information.

The prospective buyer hereby agrees not to approach any staff member or the business owner either directly or indirectly. When visiting the venue as a customer this must be done with absolute discretion.. Furthermore, the prospective buyer agrees not to discuss the sale of the business with anyone without first disclosing that person’s contact information to GSE.

All information and material provided under this deed will be returned, destroyed or otherwise dealt with in accordance with the Business Owner’s instructions if no contract is entered into. All contact with the business owner must be organised through GSE unless the business owner is advertising through The Six Steps to Sale Program offered by GSE.

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In addition to accepting the terms outlined above, please be aware that by agreeing to the GSE Confidentiality Agreement, you also consent to receive marketing communications from GSE related to similar business opportunities. Your contact information may be shared with the seller of any business in which you express interest, as well as with GSE for the purpose of facilitating such transactions. Rest assured that GSE will not share your contact information with any third parties outside of our organization, except as mentioned above in relation to the business owner. Thank you for your understanding and cooperation in this matter.

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Melbourne VIC