Strong Regional Vic Restaurant | 3.5% Rent | Lease to 2044
Summary Snapshot:
- Approx. $1.6M annual revenue with consistent performance
- Premium regional restaurant in affluent, high-spend catchment
- Limited competition with strong local and visitor demand
- Semi-managed operation with experienced team in place
- Owner removed from day-to-day operations (10+ months ago)
- Dual shopfront with strong exposure and flexibility
- Liquor licence for 146 pax
- Secure leases in place through to 2044 - over two shop fronts
- Total rent approx. $55,000 per annum (3.5% of revenue)
- Established systems, processes, and staff onboarding frameworks
Positioned within one of regional Victoria's most affluent and tightly held destinations, this is a rare opportunity to acquire a highly regarded restaurant with strong foundations already in place.
Generating approximately $1.6 million in annual revenue and $6,000+ per week in adjusted net profit (EBITDA) under a semi-managed structure, the business demonstrates consistent performance across approximately 49 weeks of trade per annum, supported by a loyal, quality-driven customer base and strong repeat trade.
A highly regarded restaurant offering a refined and welcoming dining experience, built on consistency, quality, and strong local support. The venue has established itself as a destination within the region, attracting both loyal residents and visiting clientele seeking a premium offering.
Surrounded by a dense base of high-income residents and a steady flow of destination visitors, the restaurant benefits from exceptional spending capacity and limited direct competition, creating a highly defensible market position.
The business is currently operated under semi-management, with the owner having stepped away from day-to-day operations over the past 10 months to focus on family and external commitments. The restaurant continues to perform under this structure, offering immediate stability with the option for a more hands-on approach to unlock further upside.
Well-developed systems and processes are in place across staffing, onboarding, and daily operations, allowing for a seamless transition and consistent performance from day one.
A key highlight is the dual shopfront configuration, providing operational flexibility and strong street presence. Combined with a secure lease in place through to 2044 and exceptionally low occupancy costs (approximately 3.5% of revenue), this represents a highly attractive and sustainable cost base for a restaurant of this calibre.
Rent $55k per annum
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
Current 4 years plus 4 x 4 till 2044
Premises Details
-Prominent dual shopfront hospitality premises
-Strong street presence with high visibility and foot traffic
-Well-presented dining areas with a warm and inviting fit-out
-Liquor licence for 146 patrons
-Fully equipped commercial kitchen supporting efficient service
-Functional layout allowing seamless front and back-of-house flow
-Flexible configuration across both tenancies
-All plant and equipment owned (no finance or leasing obligations)
-Suitable for a range of hospitality concepts and service styles
-Total rent approx. $55,000 per annum (combined)
-Excellent rent-to-revenue ratio (3.5%)
The premises are well suited to both continued operation in its current format or repositioning to suit an incoming operator's vision.
Staff Details
-Total team of approximately 10-12 staff supporting operations
-1 x Full-Time Restaurant Manager overseeing daily operations
-Established team structure supporting semi-managed operation
-Full-time Restaurant Manager leading daily service and operations
-Skilled kitchen brigade including chefs, apprentice, and kitchen support
-Experienced front-of-house team across service, bar, and admin functions
-Balanced mix of full-time and casual staff for operational efficiency
-Owners removed from da...
For more details, please email broker or call agents.
