Waterfront Dining on the Yarra Business for Sale

Richmond VIC · Restaurant · European Restaurant

Restaurant European Restaurant Italian Restaurant Takeaway

Asking price $145,000

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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

Melbourne’s only riverside restaurant in Richmond/Abbotsford. Positioned directly on the Yarra River with a 90m² licensed outdoor terrace, pet-friendly alfresco dining, and uninterrupted river views. Nothing else like it exists in this market.

Fully equipped turnkey operation with $300,000+ commercial kitchen Rational Gas combi-oven, all owned outright. Liquor licence to 1am. Secure lease to 2039. Revenue trending up with August 2026 recording the strongest month on record.

Bring your own concept - Italian, Modern Australian, Mediterranean - and step into a venue that’s ready to trade from Day 1. Reduced from $225,000 for quick settlement.

Highlights

• PEBITDA (owner benefit): $161,017 verified FY2026

• Revenue: ~$500K p.a. | Gross margin: 80%+

• 131m² internal + 90m² riverside terrace | 50+ seats

• $300,000+ commercial kitchen - fully owned

• Liquor licence to 1am | Pet-friendly terrace

• Lease options to 2039 | Fixed 3% rent reviews

• Currently dinner 3 nights only - massive expansion upside

• Vast shopping centre secure parking

• 2–4 weeks training included

02 · KEY FACTS