4 DAYS LICENSED RESTAURANT --SPOTSWOOD -- 1P8774

20 days ago

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Internal Ref: 1P8774

Summary

Award winning modern middle eastern restaurant for sale in Melbourne's inner west. Everything is setup, you just need to take over and continue the success at a fraction of the cost of setting a...

About the Business

Award winning modern middle eastern restaurant for sale in Melbourne's inner west.

Everything is setup, you just need to take over and continue the success at a fraction of the cost of setting a new place up.

Operating for 6 years with a top ranked score on all platforms;
Google, Uber Eats, Menulog, and Doordash, 4.7 to 4.9 stars - as well as thousands of local followers.

Popular for events and live music, the premises is stunningly fitted with modern industrial designed interior. The fit out cost us $200k as this was designed from scratch.

Average weekly takings $7.5k per week. All expenses including salaries is roughly 5k per week. With net profit 95k last year. If you open 7 days a week plus breakfast on Saturday and Sunday, expect more profit again.

Full liquor license 7 days a week.

The restaurant has great future potential because of its location in the heart of suburban area and surrounded by multiple new mega developments, around 5000 new houses added to the area all within walking distance. In the area, there is hardly any competition from other hospitality venues. There's room for other cuisine such as Indian, Thai and asian in general

Happy to provide training on operation.

Very spacious storage areas. Additional storage area can be used as an office upstairs.

Equipped with everything you need to succeed with a fully large commercial kitchen and spacious walk-in cool room in like brand new condition.


* Great busy location
* Taking $7,500p/w
* Low rent $818.19p/w
* 10 years long lease
* Selling price $99,000+ stock WIWO
* Open for 4 days trade only
* Seating capacity 60
* With full commercial kitchen
* With full liquor license
* Easy to operate
* WIWO/Urgent Sale


For more information on property 1P8774, please call or email:
Rose Li on 0478 775 686
or email: rose@ncre.com.au

Sumit Aneja on 0433 950 304
or email: sumit@ncre.com.au

New Century Business Broker
26 Rutland Road, Box Hill VIC 3128
www.ncre.com.au
Tel: 03 9898 2874

****Sales Rep required**** For further information please contact us at office: kim@ncre.com.au

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