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Modish Albert Park Restaurant Taking $20,000 Per Week (Our Ref: V1741)

Modish Albert Park Restaurant Taking $20,000 Per Week (Our Ref: V1741)

$249,000 - Food/Hospitality

 Victoria  Bayside Print this page

- Sleek restaurant in prominent central Albert Park location taking approx. $20,000 per week!
- Trading 5 days with short hours, breakfast Sat-Sun, lunch Wed-Sat and dinner Wed to Sun.
- Very reasonable rent of approx. $1,200 per week with long and secure lease of 5+5+5.
- Trading since 2007 with consistent track record of high turnover and steady annual growth.
- Well-established customer database with large following and outstanding reviews.
- Reviewed by Broadsheet, Good Food Guide 2013-2018 and Gault and Millau 2016-2018.
- Prosperous inner bayside area, nearby parks and gardens in the bustling commercial hub.
- Situated opposite tram stop on busy roundabout with great exposure and plenty of parking.
- Flawless presentation seating up to 38 inside and 24 al fresco with liquor license until 11pm.
- Modern Australian styled cuisine utilising fresh and seasonal ingredients sourced locally.
- Commended for their presentation and quality in food with a cosy and elegant atmosphere.
- Full commercial kitchen and fully equipped bar, no additional expenses for incoming owner.

**Exclusive to Paramount Business Brokers (Our Ref V1741)
**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

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