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Businesses for Sale in Elwood, VIC

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ELWOOD, VIC
$2,350,000 + SAV
Opportunities of this calibre are exceptionally rare.Offered to the market for the first time in almost two decades, this exceptional hospitality business represents a once-in-a-generation acquisition opportunity. Generating annual revenue exceeding $6 million, seating approximately 260 patrons and secured by a long-term lease extending through to 2038, it combines exceptional scale, proven financial performance and more than five decades of continuous hospitality trading from the same landmark site.Occupying two substantial adjoining premises, the business has evolved into one of Melbourne's most recognised hospitality destinations, supported by extensive indoor and outdoor dining, a fully equipped commercial kitchen, licensed restaurant and cafe operations, substantial back-of-house infrastructure and multiple diversified revenue streams spanning breakfast, lunch, dinner, premium beverages and takeaway. The business is underpinned by established operating systems, an experienced team and a trading platform capable of supporting sustained high-volume operations from day one.Its longstanding reputation, exceptional customer loyalty and strong local and visitor patronage have been built over decades of consistent operation, creating a level of goodwill that cannot be replicated. Combined with its secure long-term lease, substantial seating capacity and premium hospitality infrastructure, the business offers significant barriers to entry and an acquisition opportunity rarely available within the Victorian hospitality market.Whether expanding an existing portfolio, acquiring a flagship hospitality operation or investing in a business with proven scale and enduring market presence, this represents an opportunity to secure one of Melbourne's most significant independent hospitality businesses.**Please note that for confidentiality the image in this advert is generic and is not of the actual business**Staff No11 Full Time34 Part TimeOwner 2 - 3 days per week, hands off operations.Trading TimesMonday to Friday 8am-12amSaturday 8:30am-1amSunday 8:30am-12amOpportunityThe business presents outstanding opportunities for an incoming owner to build upon an already successful and established operation. Its substantial seating capacity, extensive hospitality infrastructure and long-term lease provide a strong foundation to further expand private functions, corporate events, premium evening dining and licensed beverage sales, while continuing to capitalise on strong local patronage and year-round visitor demand.With established systems, diversified revenue streams and a proven operating platform already in place, purchasers have the flexibility to focus on strategic growth rather than business establishment. The scale of the operation also provides opportunities to further enhance catering, digital ordering, brand partnerships and other complementary revenue streams with minimal additional capital investment.Hospitality businesses of this calibre are rarely offered to the market, making this a genuine once-in-a-generation acquisition opportunity.**Weekly**Coffee Sales 45kgTurnover (inc GST) $127,362.00
$89,000
- Prime Elwood location surrounded by established retailers and thriving businesses.- High-exposure position benefiting from strong pedestrian and vehicle traffic daily.- Restaurant and Caf Liquor Licence operating until 11pm every night.- Licensed for 126 patrons indoors and 90 patrons outdoors.- Attractive courtyard area ideal for functions, events and group bookings.- Long and secure lease offering stability for future growth.- Affordable rent of approx. $915 p/w, highly competitive, with opportunity to rent upstairs room.- Fully equipped commercial kitchen included, requiring no additional investment.- Quality plant and equipment allowing immediate commencement of operations.- Flexible and suitable space for any hospitality ventures: caf, restaurant or wine bar concepts.- Excellent opportunity to launch a new brand with confidence.- Perfect for owner-operators, hospitality groups or experienced industry investors.- Walk-in, walk-out opportunity with absolutely nothing further to spend.**Exclusive to Paramount Business Brokers (Our Ref V2082)**Some Images Used for Illustration Purposes Only"The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business."

Introduction to Businesses for Sale in ELWOOD

Exploring a business for sale in ELWOOD can open the door to a future full of opportunity, flexibility, and financial reward. ELWOOD offers a combination of economic activity, lifestyle appeal, and community support that gives new business owners a head start. By looking for a business for sale in ELWOOD, you're stepping into a market where you can immediately connect with a built-in audience, benefit from established trade, and position yourself for growth in an environment that already knows and trusts the business you're buying.

A business for sale in ELWOOD often comes with valuable benefits like existing supplier relationships, experienced staff, and a reputation built over years — sometimes decades. Whether you're looking at a café on a busy high street, a retail store in a thriving precinct, or a large-scale operation with multiple locations, there's a business for sale in ELWOOD that can match your skills, budget, and long-term goals.

Types of Businesses for Sale in ELWOOD

One of the best things about searching for a business for sale in ELWOOD is the sheer variety of opportunities available. You might be interested in a well-established hospitality venue buzzing with regular patrons, a professional services firm with a strong community reputation, or a retail store that benefits from both local and tourist trade. For hands-on operators, a small family-run business could be the perfect fit. If you're looking for scale, a manufacturing facility, logistics company, or multi-site franchise could provide the growth potential you need.

How to Choose the Right Business for Sale in ELWOOD

Finding the right business for sale in ELWOOD is about understanding the local market, recognising genuine potential, and ensuring the business matches your goals. Before committing, review financial records, assess customer loyalty, and understand the competitive landscape. Consider lease terms, staffing, supply chains, and any seasonal trends that could affect operations. AllBusiness connects you directly with owners and brokers, allowing you to compare opportunities and make informed decisions.

Benefits of Buying an Existing Business

There's a reason so many entrepreneurs look for a business for sale in ELWOOD instead of starting from scratch — it's often the fastest, safest path to profitability. An established business already has customers, systems, suppliers, and staff in place, which means you can start generating revenue from day one. You also benefit from the brand's reputation and goodwill, existing operational processes, and word-of-mouth referrals that take years to build from the ground up.

How AllBusiness Helps You Find the Best Business in ELWOOD

Searching for the right business for sale in ELWOOD can feel overwhelming when there are so many listings to sort through. AllBusiness makes it easier to identify opportunities that not only look promising on the surface but also have the underlying strength to support your long-term success. Our platform connects you directly with owners and licensed brokers, allowing you to compare opportunities, review key details, and make informed decisions — from shortlisting businesses and arranging inspections through to understanding negotiation and settlement.