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Restaurant for sale, Melbourne VIC

At a glance

Business type
Restaurant for Sale in Niddrie.
Rent
Reasonable Rent for Location Approx $1270 per Week plus GST TBC
Lease
Long Lease Options Available

About the business

A restaurant in Niddrie, Western Suburbs Melbourne, Victoria. It currently operates 6 days, Tuesday to Sunday, 10.00am to 10.00pm. It has approximately 100 squares plus a large outdoor seating area, with 2 parking spots on the lease at the back of the premises. It has a liquor licence for 42 patrons. Long lease options are available. The current owner will provide full training to the new owner(s). The reason given for the sale is that the owner wants more time with family. The broker reports it is run by the current owner(s) and part time staff, and that it is a very busy location.

Financing calculator

An estimate, not a loan offer. Change the numbers to see what buying this business would take in cash and what the repayments would be each month.

Seller finance
Some sellers take part of the price over time. Shown at 8% over 3 years.
Loan term
Usually up to 7 years; longer when secured on property.
Loan
Secured on property: the RBA's average for small business new loans secured on residential property, August 2026

How the $389,000 is paid

  • Your cash $116,700
  • Loan $272,300

What borrowing costs

$344,994 repaid in all

  • Borrowed $272,300
  • Interest $72,694
AU-15357Estimate

Asking price$389,000

Paid by

Your cash$116,700

Secured loan, 7 years at 6.98%$272,300

Each month

Loan repayment$4,110

Repayments each month

$4,110

Over 7 years you repay $344,994, of which $72,694 is interest.

Secured on property: the RBA's average for small business new loans secured on residential property, August 2026. Lenders set their own rates and terms, and this leaves out stamp duty and fees. Source: Reserve Bank of Australia 2026.

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