Thriving Restaurant with Strong Revenue and Growth Potential

Northcote, VIC, 3070
Est. 2017
Thriving Restaurant with Strong Revenue and Growth Potential

Key Metrics

Price

$1,100,000

Revenue

$2,100,000 / yr

EBITDA (Annual Profit)

$410,000

Total Staff

12

Management

Fully Managed

Business Type

Business Sale

Description

Summary
This well-established restaurant, founded in 2017, has quickly become a staple in the local dining scene with its vibrant atmosphere and exceptional service. With a solid revenue stream of $2.1M and an impressive EBITDA of $410K, this establishment showcases robust financial health and a strong market position. The restaurant is known for its diverse menu and full-service kitchen, catering to a capacity of 90 patrons. The presence of a liquor license further enhances its appeal, allowing for a wide range of beverage offerings.

Key Highlights
  • Prime location with high foot traffic on busy a High Street
  • Full-service kitchen with modern equipment
  • Liquor license allowing for diverse beverage offerings
  • Strong revenue growth with $2.1M annual revenue
  • Fully Managed busienss with owner only involved in light management activities

We are looking to divest as our life priorities have changes and looking to move interstate by the end of the year.
We are happy to have discussions around price, however within reason.

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Private Seller

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