Exciting Upmarket Restaurant and Bar Opportunity

2 days ago

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Internal Ref: bus6587

Summary

Established Melbourne CBD restaurant and bar with a loyal corporate clientele, strong repeat trade and experienced management team willing to remain. ...

About the Business

Offered for sale is an outstanding and well=established restaurant and bar in Melbourne CBD with a loyal corporate clientele, experienced management team and significant growth potential.

The venue caters to a discerning, upmarket clientele, including professionals, executives and members of Melbourne’s legal and corporate community. This established customer profile supports strong repeat visitation, premium dining and beverage spend, and provides a solid foundation for further growth through corporate functions, private events and targeted marketing.

The experienced management team is willing to remain, ensuring a smooth ownership transition. Future growth can be achieved through expanded trading hours, increased functions, enhanced marketing and venue improvements, with a $160,000 landlord refurbishment contribution and a covered mezzanine function space accommodating up to 200 guests.

Key Highlights:

? Fully managed business with experienced management willing to stay on
? Long-term lease with a $160,000 landlord refurbishment contribution
? Established corporate clientele with strong repeat trade and profitable bar sales
? Growth potential through expanded trading hours, functions, marketing and venue enhancements
? Revenue exceeding $1M per annum


FOR SALE: Expressions Of Interest

Contact the exclusive broker:
Maurice Wolman
Benchmark Business Sales & Valuations
M: 0414 957 839
T:

If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6587 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

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