High-Profit Restaurant for Sale North Melbourne

Why buy this High-Profit Restaurant Business

High-Profit Restaurant for Sale North Melbourne Asking: $378,000

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

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.