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Summary
PRIME Location! High Foot Traffic, Professionally Fitted-out, Fully Under Management
About the Business
Prime Restaurant & Bar in one of South Yarra's most popular hospitality precincts
- Excellent high-foot-traffic location
- Strong $50,000 weekly Takings
- Fully under management - owners primarily look after accounts
- Established 7 years under the same ownership
- Reasonable rent for such location and premises size (approx. 6.5% of sales)
- with Long Secured Lease in place (approx. 13 years remaining)
- Liquor licence capacity for 150 patrons
- & Seating capacity approximately 100
- High-value fit-out & equipment, all in excellent condition
- Indoor seating, outdoor rear & front seating, function area
- Experienced and professional team in place
Opportunity:
- Excellent opportunity for an experienced owner-operator
- Great potential to improve operations, product quality & service
- Further marketing and hands-on involvement could also drive sales & profitability
Asking Price: $480,000
For more information on this unique opportunity, contact Sam Vasli from Expert Business Brokers.
0432 579 502
Note: Pictures used are for advertising purposes only. Actual business may not be shown.
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