URGENT SALE! Authentic Greek Restaurant - Melbourne, VIC

Melbourne VIC · Restaurant · Greek Restaurant

Restaurant Food & Drink Greek Restaurant European Restaurant Catering Takeaway

Asking price $110,000

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Not checked by Business For Sale

01 · THE OVERVIEW

About this business

In the broker's words

Full description, as written by the broker

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

03 · LOCATION