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Authentic Italian Pasta and Wine Bar Taking $48,000 p/w! (Our Ref: V1782)

Authentic Italian Pasta and Wine Bar Taking $48,000 p/w! (Our Ref: V1782)

Available Now $499,000 - Food/Hospitality

 Victoria  Bayside Print this page

- 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.”

Business Specialist: Chris DeMarte


Chris has a hunger to learn. He loves immersing himself in business knowledge, market information and practical experience. After all, he gained hands-on business knowledge from his 15-year career in owning and managing cafes, restaurants, bars, gourmet food stores, corporate and private catering businesses. Since 2015 Chris has specialised in selling hospitality, medical, agricultural, industrial, wholesale and manufacturing businesses and understands that pride and emotion are potent factors for business owners. This is why Chris handles each business sale uniquely with care, empathy and respect. He credits his strong work ethic, listening skills and strategic execution experience combined with his business knowledge as essential factors to sell businesses for his clients successfully. What’s more, he uses his management skills to work closely with all parties’ accountants, lawyers and business advisers to ensure due diligence is undertaken with each sale. Chris’ communication skill is his biggest strength in his role as a Senior Business Broker. He uses this skill to genuinely understand his clients and their business, so he can learn about their business, value the company accurately and find the right buyers. When you ask Chris what drives him, it’s his passion for business, love of learning and helping others. He knows that although fundamentals guide business, no two companies are ever the same, which ignites his curiosity. Due to Chris’ solid reputation, he has successfully built a strong network of professional relationships based on integrity, honesty, respect for others and meticulous attention to detail, which is why his clients and accountant partners refer him. To find out how Chris can help sell your business, book a free no-obligation consultation by calling Chris on 0401 691 184 or email him at chris@paramountbb.com.au

  • Office : 03 9021 9888
  • Mobile : 0401 691 184
  • Fax : 03 8692 8635
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