Vendor Relocating, 13 Yrs Trading, Reasonable Offers Welcome

$189,000 ONO

Description

This already sharply priced business is now open to reasonable offers – the Vendor says sell in the coming weeks! Make an offer! You may be pleasantly surprised!

An exceptional opportunity to acquire one of Melbourne’s most established and versatile hospitality venues, successfully operating for over 13 years and recently transformed with a stunning modern renovation and refreshed fit-out.

This 92 sqm restaurant and bar seamlessly combines the warmth of an intimate European eatery with the sophistication of a contemporary inner-city dining experience. The space features a fully equipped commercial kitchen, licensed bar, and stylish dining area, all designed for high operational efficiency and guest comfort.

Positioned on a high-exposure main road, directly opposite a tram stop, the venue enjoys constant foot traffic, strong weekday trade, and excellent visibility. With a long-standing reputation, loyal local following, and consistent performance, this business represents the perfect opportunity for a chef-operator, investor, hospitality couple, or experienced owner-operator seeking a proven, turnkey venue in one of Melbourne’s most desirable city-fringe locations. Currently under semi management and open only 5 days per week.

Please note: For confidentiality, the image in this advert is generic and not of the actual business.

Staff No

3 x F/T 2 x Casual

Lease Info

Lease Term: Current lease to 2031 Further Options: Landlord open to additional 5–10-year extension Rent: Competitive market rent (details available on request) Security: Bond equivalent to 3 months’ rent

Trading Times

5 Days Lunch & Dinner: Tuesday to Saturday 12–2:30 pm, 5pm–10 pm

Size of Premises

Approx. 92 sqm internal area with a newly refurbished fit-out Full commercial kitchen including canopy, grease trap, fridge room, and prep areas. Full-service bar with cocktail station and modern finishes Chic dining space with seating for approx. 40 patrons Rear access for deliveries and waste Liquor licence in place

Opportunity

This long-established and high-performing restaurant presents a rare opportunity to step directly into a proven, profitable operation with the freedom to grow, evolve, or reposition the concept. The venue’s modern fit-out, prime main road exposure, and adaptable layout make it equally suited to continuing its current Italian-inspired offering or transitioning seamlessly into another high-performing cuisine or bar concept. Ideal for a chef-operator, hospitality couple, or experienced group, the business provides a ready-made platform with strong systems, an established reputation, and consistent weekly trade. There is clear potential to extend trading hours to include Sunday lunches or evening sessions, expand catering or delivery services, and further develop the bar and events trade to increase revenue. Supported by experienced staff who are willing to remain, and backed by a secure long lease with future extension options for the right operators, this is a turnkey hospitality opportunity combining proven performance, outstanding visibility, and the versatility to thrive in one of Melbourne’s most desirable inner-city dining precincts.

Weekly Sales & Turnover

Turnover (inc GST)

$15,350 on 5 day trade

Reference No: ND11PR21

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.

Request more Information about this business

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I understand and agree to the GSE Confidentiality Agreement and Marketing Policy*
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.

The prospective buyer hereby accepts that their contact information may be shared with the seller of any business on which an inquiry has been made. GSE will not share the contact information of the prospective buyer with anyone outside of GSE with the exception of the business owner as referred to above.
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