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Listing Id: 36878 Last Refreshed: 09/05/2025 Total Views: 6

Melbourne Iconic Italian Restaurant – First Time On The Market In Nearly 40 Years

Southeast Area, MelbournePizza RestaurantsTake AwaysWestern Restaurants
Asking Price: Price On Request
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental $5,576
  • Rental Desposit N/A
  • Revenue $67,166
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

N/A

Description

**Expressions of Interest**

This is a rare opportunity to take over a beloved and long-standing Italian family restaurant that has been a cornerstone of the local dining scene for almost four decades. Renowned for its authentic cuisine and welcoming atmosphere, the business boasts a loyal customer base and prime location in one of Melbourne’s most sought-after suburbs.

With weekly takings trialled between $15,000–$16,000 and a strong net profit of $3,500 per week, the restaurant is not only profitable but also fully staffed, including experienced chefs. The current owner plays a supporting role front-of-house and is committed to providing full support during the transition.

The premises include a main dining room that seats 52, a private dining room for up to 14 guests, and upstairs rooms that are currently underutilised – perfect for conversion into private dining, functions, office use or storage.

Rent is just $5,576.33 per calendar month including GST, offering excellent value for the space and location.

This business has never been offered for sale before, making it an unmissable opportunity for an experienced operator or investor ready to take on a thriving hospitality venue with history, heart, and future potential.

For more information, contact Elle Likopoulos and the team at Absolute Business Brokers:
0481 608 460
elle@absolutebb.com.au

Ref: B14889
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