$3M+ Revenue | True Under-Management | $10k net p/w

For Sale

Melbourne VIC

$3M+ Revenue | True Under-Management | $10k net p/w

Description

This is a genuine under-management restaurant, operating with a high-quality in-house team and established systems that enable strong performance without day-to-day owner involvement. The structure has been deliberately designed to deliver consistent, high-level results, supported by experienced management and staff who are committed to remaining with the business under new ownership. Located in one of Melbourne’s highly sought after retail strips.

The business delivers average weekly sales in excess of $63,000, with total revenue exceeding $3 million and an adjusted net profit of over $10,000 per week. Cost controls are well embedded, with COGS in the low 20% range, reflecting disciplined purchasing, menu design, and operational efficiency; all that would be passed onto the new owner.

Purpose-built for volume and scalability, the venue features two commercial kitchens; a dedicated high-volume preparation kitchen and a standout service kitchen that forms the heart of the operation. A high-quality fit-out runs throughout, complemented by a newly completed upstairs bar and intimate hospitality space, creating a meaningful additional revenue stream through functions, overflow dining, and beverage-led trade.

The venue offers approximately 80 seats in the main dining area, plus the upstairs bar area suited to private events or overflow capacity. The recent addition of the upstairs bar provides clear upside for an incoming owner, with opportunities to lift revenue, improve net profit, and accelerate return on investment.

Built with a strong focus on systems, scalability, and long-term performance, this represents a rare opportunity to acquire a high-performing, truly under-management restaurant with scale, stability, and growth already in place.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

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Lease Info

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Size of Premises

Opportunity

Weekly Sales & Turnover

Cost of Goods​

Wages

Net Profit​

Turnover (inc GST)

Gross Profit​

Rent

Business Listed by

Nathan Demellis

Hospitality Business Broker @ GSE Hospitality Brokers

I help hospitality business owners buy, sell cafés, restaurants, bars and hotels with practical advice built on more than two decades of real industry experience.

As a licensed hospitality business broker in Melbourne, I work exclusively with hospitality owners, operators and investors who are looking to buy, sell, value or strategically exit their businesses. Every recommendation is based on firsthand operational experience—not theory.

Before becoming a broker, I spent more than 25 years owning, operating and managing hospitality venues across Victoria. Having worked as a fine dining chef before building and selling multiple businesses myself, I understand the commercial realities of hospitality—the long hours, tight margins, staffing challenges, lease negotiations and ultimately, what makes a business genuinely valuable to the market.

Today, I combine that operational knowledge with specialist brokerage expertise to help owners maximise the value of their businesses while guiding buyers through informed acquisition decisions. Whether it’s a confidential off-market sale, a business valuation, an exit strategy or a full sale campaign, my focus is always on achieving the strongest commercial outcome for my clients.

I don’t approach hospitality from the outside looking in. I’ve built businesses, invested my own money, employed teams, negotiated leases and successfully exited venues. That experience shapes every appraisal, every marketing campaign and every negotiation.

If you’re looking for a Melbourne hospitality business broker who understands the industry because he’s lived it, I’d welcome a confidential conversation about your business and your goals.

One on One: Work directly with me from appraisal to settlement.

My services

  • Hospitality Business Sales
  • Buyer Advocacy & Acquisitions
  • Business Valuations
  • Exit Strategy & Sale Preparation
  • Off-Market Opportunities

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