Victoria’s most trusted restaurant brokerage. Whether you’re searching for a restaurant for sale in Melbourne’s inner suburbs or a restaurant business for sale in regional Victoria. We connect serious buyers with verified, investment-ready listings backed by real financials.
Melbourne’s restaurant market is one of the most competitive and dynamic in Australia. Knowing what separates a sound restaurant for sale in Melbourne from an overpriced or underperforming one can save you hundreds of thousands of dollars — and years of frustration. Our specialist brokers have assessed hundreds of Melbourne restaurant listings. Here is the verified checklist every serious buyer should work through.
A healthy Melbourne restaurant typically pays no more than 8–12% of weekly turnover in rent. While premium, high-traffic locations may justify higher rent, always compare the rent-to-revenue ratio against the specific suburb and expected foot traffic.
Confirm the liquor licence type (Full Liquor, Restaurant & Cafe, or BYO), review any licence conditions, and ensure there are no recorded compliance breaches with Liquor Control Victoria. A clean licence can significantly increase the business’s value.
Avoid purchasing a restaurant with less than three years remaining on the lease, as this increases risk. Ideally, look for lease terms of 3+3 or 5+5 years. Also review rent review clauses—CPI-capped increases are generally preferable to fixed-percentage annual increases.
Ensure the commercial kitchen complies with Food Standards Australia and local council regulations. Request the latest council food inspection report and confirm there are no outstanding improvement notices or compliance issues before proceeding.
Determine whether the head chef is employed on a fixed-term contract or as a casual employee. Losing a key chef after settlement is a common cause of revenue decline in restaurant acquisitions. Where possible, negotiate staff retention agreements as part of the sale conditions.
Point-of-sale (POS) data—not just BAS statements—is the most reliable way to verify a Melbourne restaurant’s actual weekly turnover. Cross-check POS records against supplier invoices to ensure food purchasing volumes are consistent with the revenue being reported.
Google Reviews, TripAdvisor, and Yelp ratings form part of the goodwill you are purchasing. Review recent ratings, customer feedback, and management responses to identify any negative trends that may indicate operational issues or a declining customer base.
Entry-level casual dining from $120,000–$300,000. Established licensed restaurants range from $400,000 to $2M+. Price is driven by weekly turnover, goodwill, lease length, liquor licence, kitchen condition, and suburb or region.
Typically: lease assignment, commercial kitchen equipment, front-of-house furniture and fittings, existing stock, liquor licence (if applicable), brand assets (name, social media, website), supplier accounts, POS systems, and trained staff.
Yes, but the transfer requires approval from Liquor Control Victoria (LCV). The process takes 4–8 weeks. We flag all licence conditions in every listing and guide buyers through the LCV transfer process from start to finish.
Prior experience is strongly advantageous in the restaurant sector. That said, many successful buyers are career changers who hire a strong head chef and front-of-house manager. A structured vendor handover period (2–6 weeks) is essential.
We require vendors to provide 2–3 years of BAS statements, point-of-sale (POS) reports and tax returns before listing. We strongly recommend buyers engage an independent accountant and solicitor to conduct full due diligence.
Most Melbourne and Victorian restaurants operate on 5+5 year commercial leases. Key terms to review include rent reviews (CPI vs. fixed %), permitted use, make-good obligations, and assignment clauses. We provide lease assessment guidance as part of our service.