Business ID: XB164802
URGENT SALE – OWNERS RELOCATING OVERSEAS
PRICE REDUCED TO $90,000 — ALL REASONABLE OFFERS WILL BE CONSIDERED
POPULAR FAMILY RESTAURANT IN HIGH-GROWTH SUBURB
Step into a taste of Greece in the heart of Malvern East with this beloved family-friendly restaurant. Known for its authentic recipes and warm, welcoming atmosphere, the venue consistently attracts loyal regular diners, families, and function bookings.
The owners are relocating overseas, creating a genuine urgent sale situation and an outstanding opportunity for a motivated buyer to secure a well-established hospitality business at exceptional value. All reasonable offers will be considered.
Positioned on a prime corner site in a rapidly growing suburb, this restaurant also benefits from a strong online presence and clear potential to further increase revenue by extending trading hours and expanding service offerings.
BUSINESS HIGHLIGHTS
- Well-established licensed restaurant in a prominent corner location
- Turnover: $600K
- Spacious 200 sqm venue with 90 indoor seats plus 30 outdoor seats
- Currently trades Wednesday to Sunday, 5:30pm–9:30pm
- Closed Mondays and Tuesdays, with additional holiday closures (approx. 7 weeks annually)
- Strong potential to extend trading hours and increase turnover
- Popular venue for private functions, celebrations, and corporate bookings
- Established website and online booking system: Achilles Greek Tavern
- Regular Greek Rembetika live music nights and themed banquet events
- Owner-operated with experienced staff in place
This is a rare opportunity to acquire a well-loved Greek restaurant in a thriving suburban location with strong growth potential and immediate upside for an incoming owner.
PRICE: $90,000 — ALL REASONABLE OFFERS WILL BE CONSIDERED
Property Code: 4584
URGENT SALE! Authentic Greek Restaurant – Melbourne, VIC
Melbourne VIC
Asking Price
$110,000
Revenue
Profit
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