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Licensed Macedonian Restaurant – Northcote, VIC

Business for Sale
NORTHCOTE VIC

Business ID: BS145336 Turnover: $1 million-plus pre COVID Named ‘Top New Restaurants’ in 2019 by Broadsheet, Le Lee is a Macedonian restaurant serving traditional cuisine. One of the busiest an

Price $300,000

Licensed Macedonian Restaurant – Northcote, VIC

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Business ID: BS145336

Turnover: $1 million-plus pre COVID

Named ‘Top New Restaurants’ in 2019 by Broadsheet, Le Lee is a Macedonian restaurant serving traditional cuisine.

One of the busiest and most popular restaurants in Northcote, Le Lee offers excellent growth potential by adding Takeaway, Catering and Functions.

Business highlights:

-Established March 2019
-Pre-COVID turnover $1 million+
-Located in the heart of the eclectic High Street in Northcote
Liquor License
-Main room with bar and seating for 50 – Fireplace room with seating for 12
-New fully enclosed courtyard with retractable roof, bar, seating for up to 34 or 60 for cocktail function
-3 rooms upstairs with an option to sub-lease
-65% local customers + 35% Macedonians
-12 years lease – Rent $3450 p/m + outgoings around $5K
-Offered as is, with all equipment, stock and crockery, value around $300k
-Sales and marketing in place
-Staff: Owner/Manager + 2 F/T & 6 casuals
-Currently trades Wed-Sun evenings – could be extended to 7 days + lunches
-2-4 weeks’ training provided
-Owner moving interstate


This business would suit someone with a passion for good food and dining, that can walk in and trade successfully from Day 1.

Already showing an excellent turnover, Le Lee offers several growth opportunities, such as extending trading hours, opening for lunch, offering a Takeaway Service, and catering plus booking more functions.

Price: Offers above $300,000

Contact Seller

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Contact: Xcllusive Business Sales
Phone: 02 9817 3331

Bsale ID: 278456
Agent ID: 6044933




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