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Popular Essendon Cafe/Restaurant Established over 20 Years! (Our Ref: V1507)

Popular Essendon Cafe/Restaurant Established over 20 Years! (Our Ref: V1507)

$829,000 - Food/Hospitality

 Victoria  North West Print this page

- Located in the heart of Essendon taking up to $40,000 per week!
- Brilliant cafe/restaurant established over 20 years, with a loyal following..
- Open 7 days serving breakfast, lunch and dinner. Early finish (9.30pm–10.00pm).
- The food menu includes modern Australian cuisine with a slight Italian influence.
- Impressive set up with full commercial kitchen + 2 walk in cool rooms and walk in freezer.
- Large seating capacity with approx. 90 inside and 24 outside.
- Relaxed and friendly atmosphere with a menu that will impress.
- Long and secure lease, with a reasonable rent, and excellent space
- Strong social media presence with a huge following..
- Huge main road exposure with trams - abundance of foot traffic.
- Rapidly growing area with 2000 – 3000 residents moving in to their new apartments.
- Great central location, within 20 minutes of Melbourne's packed CBD.
- Long history with extensive customer database with many returning and loyal customers.
- Located in the heart of Essendon's restaurant hub, and a great reputation!
- Fully under management, minimal owner involvement.
- Suitable for a new or experienced business owner, easy to operate!
- Contact us now for further information on this rare opportunity.

**Exclusive to Paramount Business Brokers (Our Ref V1507)
**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: Fred Samoun


Fred’s business journey began in the early 90’s - and since then, he has had his sights firmly on the business landscape in one form or another… over the past 30 years; Fred has owned and managed several successful businesses throughout Melbourne and interstate. This led into a natural progression into the business broking world. For almost 20 years, Fred has specialised in the Sales, Merger & Acquisition space of SME businesses of all sizes, and across various industries. Fred has listed and sold approximately 500 businesses throughout Melbourne - Victoria, varying from manufacturing, hospitality, retail, industrial, foodservice, transport, wholesale and distribution… achieving many accolades along the way, he has built fantastic relationships and rapport with clients, advisors, vendors and purchasers, utilising his many years of professionalism, integrity and respect for others. Fred is also humbled to have been awarded the ‘AIBB - Business Broker of the Year award’ for 2020 & 2021, revered awards won by Fred amongst a formidable field of Australia’s best business brokers. Fred is also an accredited ‘Certified Practicing Business Broker’, a board member of the AIBB (Australian Institute of Business Brokers), and Certified Licensed Estate Agent REIV (Real Estate Institute of Victoria). For a confidential discussion in relation to buying or selling a business, feel free to contact Fred to arrange an obligation free meeting.

  • Office : 03 9021 9888
  • Mobile : 0417 319 873
  • Fax : 03 8692 8635
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