$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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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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