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

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

Request more Information about this business

First Name*
Last Name*
Phone Number*
Email Address*
Your Message
Consent*
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 the landlord, property managing agent, 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.

Furthermore, we want to emphasize that your consent to receive marketing communications from GSE is entirely voluntary, and you have the option to opt-out at any time. In every marketing email sent by GSE, you will find a convenient unsubscribe link that allows you to manage your preferences and cease receiving such communications. We respect your privacy and strive to provide you with a seamless and flexible experience tailored to your needs.
CAPTCHA
This field is hidden when viewing the form
Google Ads?
This field is hidden when viewing the form
Google Ads GCLID

Sold

Melbourne VIC