BUSINESS DESCRIPTION

Boston Brokers welcomes to the market an exciting opportunity to acquire, on a leasehold basis, and exceptionally well run and performing LICENCED JAPANESE RESTAURANT, BAR, & TAKEAWAY. Occupying a corner position, main road trading location, mixed residential/commercial area, COLLINGWOOD.

A Rare Opportunity to Own a Local Icon with Proven Profitability and Untapped Potential

Since 2012, this licensed Japanese restaurant has been a quiet powerhouse in one of Melbourne’s most dynamic dining corridors. Tucked just off Smith Street in Collingwood, it has earned a cult following for its authentic Japanese menu, warm ambiance, and consistently high online ratings — 4.5 stars on Google, 4.8 on Yelp, and 4.8 on Restaurant Guru.

Now, for the first time in over a decade, this beloved venue is on the market.

Business Snapshot

Annual Revenue: $450,000 – $500,000

Asking Price: $165,000 – $175,000 + Stock ($5,000)

Lease: $35,000/year (incredible value for the area)

Lease Term: Through April 2029

Licensing: Fully licensed

Established: 2012

Operating: 5 days (Tuesday – Saturday 11:30 – 15:00)

WHY THIS BUSINESS STANDS OUT………

A Local Favourite with a Loyal Following

With over a decade of goodwill since opening, this restaurant has become a go-to for locals, office workers, and foodies alike. Its freshly made OBENTO are often praised in reviews for their authentic flavours, well-balanced meals, and consistent quality.

Authentic Japanese Menu

The restaurant features a focused selection of OBENTO (Japanese lunch boxes), highlighting the everyday taste of Japan – simple, wholesome, and made with care. This dedication to quality and balance has built a strong reputation and loyal clientele.

Prime Collingwood Location

Just steps from Smith Street’s bustling retail and nightlife scene, the restaurant benefits from high foot traffic, strong lunch and dinner trade, and proximity to offices, apartments, and entertainment venues.

Fully Equipped & Staffed

Commercial kitchen with full equipment package in excellent condition

Efficient operation with small team

Established systems for POS, inventory, supplier management, and compliance

Cosy, timber-accented interior with vintage furnishings

Growth & Expansion Potential

This is a business with solid bones and room to grow. A new owner could:

Expand trading hours (Evening trade)

Introduce delivery and online ordering via Uber Eats, DoorDash, etc.

Launch catering and private events for local offices and functions

Refresh the brand or menu to include other Japanese specialties or modern fusion

Leverage the location for a fast-casual or franchise-ready concept

Ideal Buyer

This opportunity suits:

Hospitality professionals seeking a turnkey operation with strong fundamentals

First-time buyers looking for a manageable, profitable entry into the industry

Investors with a vision to scale or franchise

Chefs or restaurateurs wanting to bring their own concept to life in a proven space

Transition Support

To ensure a seamless handover, the current owner is offering 2–4 weeks of on-site training, covering:

Daily operations and workflow

Kitchen equipment and food prep

POS and inventory systems

Vendor and supplier introductions

Health and safety compliance

Customer service and staff management

Reason for Sale

The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

The business has been placed on the open market as it’s our client is stepping away due to personal lifestyle changes and a desire to pursue other ventures.

Next Steps

Don’t miss this opportunity to turn your passion for food into a lucrative venture. Seize the chance to own a turnkey Japanese Cafe/Restaurant in one of Collingwood’s most coveted locations. Contact us now to unlock the door to your culinary future!” If you’re ready to take over a respected, profitable restaurant with a strong foundation and exciting upside, this is your moment.

Very rarely do businesses of this calibre come to the open market therefore, early viewings are highly recommended to avoid disappointment.

Enquire now for a confidential discussion & inspection.