Restaurant for sale, Melbourne VIC
At a glance
- Business type
- Restaurant for Sale in South Melbourne.
- Rent
- Rent Approx $1,560 per Week plus GST
- Lease
- Lease 3 x 3 years (approx. 7 years to go - 2023)
About the business
A restaurant in South Melbourne, Victoria. It currently operates 7 days per week. Monday trading is lunch from 11.30 am to 2.30 pm and dinner from 5.50pm to 10.00pm, except public holidays. Saturday is dinner from 5.50pm to 10.00pm. The restaurant is on two levels, with approximately 240 squares, a commercial kitchen and a separate 40 seat function room. It has a liquor licence for 128 patrons. The reason given for the sale is that the owner is moving overseas. The broker reports that it is run by an owner(s) and part time staff, that the owner wants to sell as walk in walk out, and that the owner is seeking to extend the lease for a longer period.
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.
Asking price$179,000
Paid by
Your cash$53,700
Secured loan, 7 years at 6.98%$125,300
Each month
Loan repayment$1,890
Repayments each month
$1,890
Over 7 years you repay $158,751, of which $33,451 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.