Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Melbourne City
- State
- Victoria
- Price
- $35,000
- Category
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Popular Bar/Restaurant in Ripponlea Great Ratings
$35,000
Melbourne City Region, Victoria
Popular Bar/Restaurant in Ripponlea Great Ratings
Available for acquisition is this well-regarded bar restaurant in Ripponlea, known for its authentic wood fired pizza and vibrant atmosphere. It has cultivated a spectacular reputation due to its impeccable premises, great staff, and the sociable crowd it attracts.*$260,000 annual takings
*$93,428 annual net profit
*5+5 year lease commenced September 2024
*$4,756 Monthly Rent
This thriving venue operates as a bar restaurant, with the majority of sales coming from the bar. It also hosts live music every Friday, Saturday and Sunday night, making it a popular spot for locals and visitors alike.
Operating evenings only, there is significant potential to expand by opening during the day or extending trading to seven days a week.
The premises can seat 70 patrons inside and out and is fully equipped with everything needed for smooth operations, including a commercial kitchen with a cool room and a traditional wood fired pizza oven.
The business is run by an owner-operator supported by three part-time staff. In addition to dine in and takeaway, deliveries are available through third-party apps.
To learn more about this exciting opportunity, contact Ken or Nadia today!
Listing ID: ME03150
Broker: Ken Bouchebli
Phone:0406 966 455
Email:ken.bouchebli@linkbusiness.com.au
OR
Broker: Nadia Polzella
Phone: 0417 641 990
Email: nadia.polzella@linkbusiness.com.au
Ref: ME03150
Timestamp: 20250526040003
Business Links / Tools
Last updated: 26th May 2025
Agency
LINK Melbourne / Tasmania
Contact
Ken Bouchebli
LINK Melbourne / Tasmania- +61 3....
- +61 40....
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Nadia Polzella
LINK Melbourne / Tasmania- +61 3....
- +61 41....
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