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Asking Price$69,000
Revenue$364,000 Established2000
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Ideally located on one of Melbourne’s most famous streets, this superb Japanese restaurant business for sale has been trading successfully for 20 years!

Serving a delicious and elegant Japanese menu, the business holds an excellent reputation and has a large number of regular customers!

– Taking around $7,000-$9,000 per week ($14,000 pre COVID)

– Rent $5,900 per month includes 2 bedroom residence above the business!

– 5x5x5 lease currently in place commenced 2014

– Licensed 8am-11pm

– Seating 55 inside and outside (Current extension granted by council)

– Superb location on Smith Street generating huge exposure!

– Can trade as a cafe, restaurant or combination of both!

– Opportunity to add breakfast trade on a high-traffic street!

– Currently operating under management with an excellent team of staff in place!

– Upstairs 2 bedroom residence has separate kitchen and bathroom facilities

– Big potential to capitalise on takeaway and delivery!

This really is a fantastic business opportunity for buyers looking for a successful hospitality/food business on one of Melbourne’s most desirable streets. While the business operates profitably under management, a new owner who wants to get involved in the business will find that there’s still a huge amount of potential still left in the business. Vendor selling as they have 2 restaurants.

For further information on this fantastic Japanese restaurant opportunity, please call senior business broker Petros Margaritis on 0416 000 154

Ref: B13310
Facilities:Seating 55 inside and outside (Current extension granted by council). Upstairs 2 bedroom residence has separate kitchen and bathroom facilities
Growth Potential:Big potential to capitalise on takeaway and delivery! While the business operates profitably under management, a new owner who wants to get involved in the business will find that there’s still a huge amount of potential still left in the business.
Training/Support:Currently operating under management with an excellent team of staff in place.
Sale Reason:Vendor selling as they have 2 restaurants.
Ad #125200
Seller Reference #B13310
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Petros Margaritis
0416000154
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