Authentic Italian Pasta and Wine Bar Taking $48,000 p/w! (Our Ref: V1782)
$499,000 - Food/Hospitality
- Authentic Italian restaurant and wine bar in stunning heritage corner building!
- Impressive weekly takings of approx. $48,000 per week with consistent annual growth.
- Open Tuesday to Sunday from noon with potential to increase trading days.
- Busy city-fringe location in the heart of South Melbourne with great exposure.
- Only three years young with a large and loyal customer base and outstanding reviews.
- Rated one of the best Italian Restaurants in Melbourne by Broadsheet and TripAdvisor.
- Fantastic selection of in-house handmade pasta with a carefully selected wine list to suit.
- Large venue seating 70 inside and 14 outside, the historic building dates back to 1880.
- The venue boasts an intimate bar with a fireplace for the cooler months, a main dining room, an additional dining room upstairs doubling as a function space and alfresco street dining.
- Long and secure lease of 5+5 years with reasonable rent of approx. $1880 per week.
Inspections will impress, don't miss this opportunity, call now to book an exclusive inspection.
**Exclusive to Paramount Business Brokers (Our Ref V1782)
**Some Images Used for Illustration Purposes Only
“The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business.”