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High Traffic Italian Restaurant | Melbourne

$149,000

Fitzroy, Victoria

High Traffic Italian Restaurant | Melbourne

Fully managed restaurant in Northeast Melbourne, offering fresh, house-made pasta with a diverse menu. With annual takings of $780,000, it operates efficiently with a mix of full-time and casual staff.

Well-established Italian restaurant in a prime location with substantial turnover and complete management in place.

*The restaurant benefits from high foot traffic and strong local demand.
*Derives $780,000 in annual revenue with 28% cost of goods sold.
*Fully Under Management.
*Includes a pasta machine, multiple burners, deep fryers, ovens and a walk-in cool room and freezer.
*Offers indoor seating for 76 guests with a liquor licence capacity of 70.

Substantial revenue, prime location and growth potential make this an excellent investment at only $220,000.

Interested parties are encouraged to contact Nick Kolaitis for more information.

Listing ID: ME03171
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
Ref: ME03171
Timestamp: 20250516073002

Business Links / Tools

Last updated: 16th May 2025

Summary

Property Type
Business
Contract Type
For Sale
Location
 Fitzroy
State
 Victoria
Price
$149,000
Category
  • Restaurant

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Agency

LINK Melbourne / Tasmania

LINK Melbourne / Tasmania

Contact

Nick Kolaitis