Highett Local Favourite with Big Growth Potential
Highett Local Favourite with Big Growth Potential - Short Hours, Low Rent
* Make an Offer *
Takings: $9,000 per week
Rent: Just $2,317 per calendar month
Lease: 4 years from August 2019 + further 4-year option
Hours: 6 days a week, dinner service only (5pm–9pm)
This well-loved neighbourhood restaurant is nestled in a thriving residential pocket, surrounded by schools and local businesses—making it the perfect venue for families, casual diners, and workers looking for takeaway or a hearty meal after hours.
Currently open only for dinner service across six nights, the business already achieves impressive weekly takings, with strong local support and repeat customers. There is a clear opportunity to grow by extending trading hours to include breakfast, lunch, coffee, and catering for nearby schools and businesses.
Key Highlights:
Prime location in a community-focused area with off-street parking
Full commercial kitchen with ample storage
Rear space that can be used as onsite residence for the owner
Seats 20 inside, with potential for outdoor seating (STCA)
Simple operations, limited hours, and huge potential for growth
This is an ideal opportunity for a hands-on owner or family team looking to take over a well-established business with an excellent foundation and expand it into a full-day operation.
Enquire today to arrange a confidential inspection.
Ref: B14905
Financials (USD)
Asking Price Not Disclosed
Cash Flow Not Disclosed
Sales $315,101
Converted From AUD
Exchange Rate $0.67
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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