For Sale

Melbourne VIC

Strong Regional Vic Restaurant | 3.5% Rent | Lease to 2044

Description

Summary Snapshot:
• Approx. $1.6M annual revenue with consistent performance
• Premium regional restaurant in affluent, high-spend catchment
• Limited competition with strong local and visitor demand
• Semi-managed operation with experienced team in place
• Owner removed from day-to-day operations (10+ months ago)
• Dual shopfront with strong exposure and flexibility
• Liquor licence for 146 pax
• Secure leases in place through to 2044 – over two shop fronts
• Total rent approx. $55,000 per annum (3.5% of revenue)
• Established systems, processes, and staff onboarding frameworks

Positioned within one of regional Victoria’s most affluent and tightly held destinations, this is a rare opportunity to acquire a highly regarded restaurant with strong foundations already in place.

Generating approximately $1.6 million in annual revenue and $6,000+ per week in adjusted net profit (EBITDA) under a semi-managed structure, the business demonstrates consistent performance across approximately 49 weeks of trade per annum, supported by a loyal, quality-driven customer base and strong repeat trade.

A highly regarded restaurant offering a refined and welcoming dining experience, built on consistency, quality, and strong local support. The venue has established itself as a destination within the region, attracting both loyal residents and visiting clientele seeking a premium offering.

Surrounded by a dense base of high-income residents and a steady flow of destination visitors, the restaurant benefits from exceptional spending capacity and limited direct competition, creating a highly defensible market position.

The business is currently operated under semi-management, with the owner having stepped away from day-to-day operations over the past 10 months to focus on family and external commitments. The restaurant continues to perform under this structure, offering immediate stability with the option for a more hands-on approach to unlock further upside.

Well-developed systems and processes are in place across staffing, onboarding, and daily operations, allowing for a seamless transition and consistent performance from day one.

A key highlight is the dual shopfront configuration, providing operational flexibility and strong street presence. Combined with a secure lease in place through to 2044 and exceptionally low occupancy costs (approximately 3.5% of revenue), this represents a highly attractive and sustainable cost base for a restaurant of this calibre.

Rent $55k per annum

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

Loading

Staff No

Lease Info

Trading Times

Size of Premises

Opportunity

Weekly Sales & Turnover

Net Profit​

Turnover (inc GST)

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

  • This field is hidden when viewing the form
  • This field is hidden when viewing the form