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.
