Victoria

How Much Does It Cost to Open a Restaurant in Melbourne?

Complete 2025 startup cost guide for opening a restaurant in Melbourne, VIC. Get accurate estimates based on local rent, labor, permits, and market conditions.

Very High Cost Market
Cost index: 150% of national average

$12,500

Avg Monthly Rent (2000 sq ft)

$23.23

Minimum Wage/Hour

$12,000

Full Liquor License

4.2

Restaurants per 1,000 People

Startup Costs by Restaurant Type in Melbourne

Food Truck

Mobile food service with lower overhead

Range: $1,538,278 - $5,476,072
~$3,507,175avg

Fast Casual

Counter service with fresh, quality food

Range: $1,517,089 - $9,422,961
~$5,470,025avg

Casual Dining

Full-service restaurant with moderate prices

Range: $3,096,878 - $18,755,321
~$10,926,100avg

Fine Dining

Upscale restaurant with premium experience

Range: $4,062,379 - $23,350,469
~$13,706,424avg

Cafe / Coffee Shop

Coffee-focused with light food options

Range: $1,009,706 - $6,781,374
~$3,895,540avg

Bar / Nightclub

Alcohol-focused venue with entertainment

Range: $2,024,315 - $15,221,534
~$8,622,925avg

Quick Service (QSR)

Fast food with drive-thru or counter service

Range: $1,453,902 - $8,045,748
~$4,749,825avg

Ghost Kitchen / Virtual

Delivery-only kitchen with no dine-in

Range: $741,526 - $5,802,174
~$3,271,850avg

Sample Cost Breakdown: Casual Dining in Melbourne

Based on a 3,000 sq ft restaurant with full liquor service

Real Estate (6 mo rent + deposit)$2,025,000
Build-out & Construction$558,500
Equipment & Furnishings$348,000
Initial Inventory$37,500
Liquor License$12,000
Pre-opening Expenses$930,752
Working Capital (4 months)$1,526,122
Contingency (15%)$815,681
Total Estimated Cost$6,253,555

Melbourne Restaurant Market Insights

Local Market Tips

  • Food capital of Australia
  • Strong laneway dining culture
  • Competitive coffee scene
  • Melbourne Cup brings tourism

Popular Cuisines in Melbourne

Italian
Greek
Vietnamese
Japanese
Modern Australian

Population

5,078,193

Median Income

$88,000

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Key Cost Factors in Melbourne

Commercial Rent$45-$130/sq ft
Build-out Cost$110-$320/sq ft
Permit Costs$7,000-$30,000
Beer/Wine License$2,500
Full Liquor License$12,000
Avg Utilities (1000 sq ft)$2,000/mo

Opening a Restaurant in Melbourne: What You Need to Know

Melbourne, Victoria is a one of the most expensive markets in the us for restaurant startups. With a population of 5,078,193 and a median household income of $88,000, the market offers 4.2 restaurants per 1,000 residents.

Cost of Living Impact

Restaurant startup costs in Melbourne are approximately 50%above the national average. The minimum wage of $23.23/hour significantly impacts labor costs, which typically represent 25-35% of operating expenses.

Key Considerations for Melbourne

  • Food capital of Australia
  • Strong laneway dining culture
  • Competitive coffee scene
  • Melbourne Cup brings tourism

Popular Restaurant Concepts

The most successful cuisine types in Melbourne include Italian, Greek, Vietnamese, Japanese, Modern Australian. Consider market saturation and competition when choosing your concept.

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