Restaurant and bar for private functions and events
About the business
A restaurant and bar business in Melbourne, Victoria. It caters to private functions, celebrations, corporate gatherings and special events. The premises have an attractive fit-out and are located in Melbourne's eastern suburbs. The broker reports a reputation in Melbourne's eastern suburbs.
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$499,000
Paid by
Your cash$149,700
Secured loan, 7 years at 6.98%$349,300
Each month
Loan repayment$5,270
Repayments each month
$5,270
Over 7 years you repay $442,551, of which $93,251 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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