Hospitality venue under full management
Photos: Paramount Business Brokers
At a glance
- Business type
- Restaurant
About the business
A restaurant operating under full management in inner-city Melbourne. It operates 5 nights and 2 lunch periods. Very little day-to-day involvement is required from the current owners. The venue has substantial seating capacity and an events and functions component. It sits within a hospitality and entertainment precinct, with a quality fit-out and a commercial kitchen. A secure lease is in place. The broker reports an experienced management and operational team in place and a loyal customer 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$1,490,000
Paid by
Your cash$447,000
Secured loan, 7 years at 6.98%$1,043,000
Each month
Loan repayment$15,730
Repayments each month
$15,730
Over 7 years you repay $1,321,443, of which $278,443 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.
Open the full calculator