Renovated Restaurant for Sale Melbourne

Why buy this Renovated Restaurant Business

Renovated Restaurant for Sale Melbourne Asking: $500,000

An outstanding opportunity to secure a high-performing restaurant in one of Melbourne's most iconic dining precincts. Positioned on bustling Lygon Street, this business enjoys exceptional foot traffic, strong local following, and consistent weekly turnover.

Key Highlights:

Takings exceeding $20,000 per week

Fully renovated premises with modern, high-quality fit-out

Prime exposure in a tightly held, high-demand hospitality strip

Well-equipped commercial kitchen suitable for a wide range of cuisines

Strong, established customer base with repeat trade

Excellent layout for dine-in, takeaway, and delivery services

Opportunity & Potential:

Currently operating as a Persian restaurant, this business offers flexibility for a new owner to continue the existing concept or easily rebrand and adapt to any cuisine.

Notably, the premises does not currently hold a liquor licence, presenting a clear and immediate upside for a purchaser looking to increase revenue and profitability through liquor sales.

Why You'll Love It:

Premium Lygon Street location with constant foot traffic

Turnkey operation walk in and start trading immediately

Significant growth potential through menu expansion, extended hours, and liquor licensing

Ideal for experienced operators or ambitious newcomers looking for a flagship site

Price:

$500,000 Negotiable

Opportunities of this calibre in Lygon Street are rare. Enquire now to secure a proven hospitality business with strong returns and outstanding future potential.

TRIDENT Business and Corporate Sales and/or their agents have been given exclusive authority to market and sell this business for the Vendor. Therefore, they give notice that all information given in relation to this property, whether contained in this document or given orally, is given without responsibility and has not been audited by us. People intending to purchase should satisfy themselves as to the accuracy of all information before proceeding. TRIDENT does not accept, and specifically excludes any and all liability relating to the business.

(Our reference T 1556) Some images used for illustration purposes only TRIDENT Business reserves the right to limit the release of information to parties who do not disclose their full contact and identity details to the listing agent upon inquiring about this business.

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