Franchised Italian Restaurant
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About this business
In the broker's words
Full description, as written by the brokerLeading local Italian restaurantfranchise in Australia and New Zealand
Established since 1985 in Melbourne VIC and now boasting over 25 stores.
This restaurant is located in the heart of the city, with a huge local and tourist clientele base.
Established for over 15 years in this location by the same owner.
Fully staffed and could be run under full management.
Large venue with fully equipped kitchen and bar including a seating capacity for over 120 people indoor and an outdoor undercover area.
Trading 7 days a week and fully licensed till midnight daily.
Turnoverat over $1,850,000 p.a. 2023, with a great profit return.
Good long lease in place to 2027 plus 2 x 5-year option.
New franchise agreement on offer from the franchisor.
Selling due to other business commitments interstate.
Key facts
Details are as stated by the broker.
- Business type
- Italian Restaurant
- Reason for sale
- Other business commitments interstate (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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