Two-level restaurant serving steaks, pastas and parmas
Photos: LINK Business Brokers
About the business
A two-level restaurant on Acland Street, St Kilda, in Melbourne, serving Australian favourites like steaks, pastas, parmas and free range roasted chicken. It holds a liquor licence with hours of 8:00 am to 1:00 am. It has seating for 60+ patrons, with indoor and outdoor dining areas. It was fully renovated in 2021, with a modern fit-out across two levels. A fully equipped commercial kitchen and bar are included. The broker reports heavy foot traffic from locals, tourists and visitors.
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$32,000
Paid by
Your cash$9,600
Secured loan, 7 years at 6.98%$22,400
Each month
Loan repayment$340
Repayments each month
$340
Over 7 years you repay $28,380, of which $5,980 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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