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North Indian restaurant, 30 years trading

Photos: LINK Business Brokers

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About the business

A long-established Indian restaurant serving North Indian cuisine in Melbourne, Victoria. It has over 30 years of trading history. It opens Tuesday to Sunday for dinner only, 6 nights from 5:30pm to 10:30pm, and is closed Mondays. Six staff work there, including a full-time chef, and the owner works as chef. The premises are fully fitted and comprehensively equipped, on a busy main road in Melbourne's south-east, with a renovated fit-out. It seats 65 diners inside, has a licensed capacity of 81, and a liquor licence is in place. The lease is 5+5 years, commenced February 2024, with further options available. The reason given for the sale is that the owners, in their mid-60's, are looking to retire. The broker reports a loyal local following.

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 $250,000 is paid

  • Your cash $75,000
  • Loan $175,000

What borrowing costs

$221,719 repaid in all

  • Borrowed $175,000
  • Interest $46,719
AU-20460Estimate

Asking price$250,000

Paid by

Your cash$75,000

Secured loan, 7 years at 6.98%$175,000

Each month

Loan repayment$2,640

Repayments each month

$2,640

Over 7 years you repay $221,719, of which $46,719 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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