Fitzroy, VIC 3065

Ideally located on one of Show Address’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 Show Address’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 Reveal Phone
Ref: B13310