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Listing Id: 39613 Last Refreshed: 28/10/2025 1769 Views Agent Ref: 24829

High-Profit Restaurant Opportunity in North Melbourne

Expired
Asking Price $378,000
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
Not Provided

Business Operations & Assets

Owner Role
N/A

Business Details

Reason For Sale

NA

Description

An exceptional opportunity to acquire a profitable and well-established restaurant in vibrant North Melbourne. With weekly takings of $12,000 and a vendor-claimed annual net profit of $200,000 last year, this business offers strong financial returns and long-term stability.

Operating under a secure 3+3 lease (commencing March 2022) with low rent of just $855.07 per week, the venue is fully equipped with a commercial kitchen and holds a liquor license ready for a seamless handover to a new owner.

Key Highlights:

Impressive weekly takings of $12,000 with consistent performance

Vendor claims an annual net profit of $200,000 for FY 2024

Secure 3+3 lease providing stability and peace of mind

Low rent of $855.07 per week, keeping overheads minimal

Fully equipped commercial kitchen and liquor license in place

Prime North Melbourne location attracting both locals and visitors

This is a rare chance to take over a successful, fully fitted restaurant with excellent profitability and strong growth potential. Enquire today to learn more or arrange a confidential inspection!

Agent- Gaurav Kaushal
Mobile- 0420 418 528
Email- gaurav@sbabrokers.com.au

Disclaimer:
Please note that some details about the business for sale are confidential. Disclosure of such information is subject to the completion of a Confidentiality Agreement and at the discretion of the broker.
Images are for advertising purposes only and may not reflect the actual business. The displayed suburb may differ from the actual location.
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