Restaurant, dine-in, takeaway, catering, 11 years trading
Photos: LINK Business Brokers
About the business
A restaurant in Melbourne's inner-north Northcote High Street dining precinct. It offers dine-in, takeaway, catering and function offerings, and has been trading for more than 11 years. It is fully under management. It has 51 seats, a mix of indoor and outdoor, and is a fully licensed venue allowing extended trading hours. The premises have a modern fit-out with a fully equipped commercial kitchen, walk-through cool room and separate freezer room, on a high-exposure main road. There is a new 3+3+3+3+3 year lease and an upstairs sublease arrangement in place. 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.
Asking price$299,000
Paid by
Your cash$89,700
Secured loan, 7 years at 6.98%$209,300
Each month
Loan repayment$3,160
Repayments each month
$3,160
Over 7 years you repay $265,176, of which $55,876 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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