Summary
For sale is a well-loved café, bar, restaurant, and function destination located in Ferntree Gully, a suburb outside of Melbourne at the foothills of the Dandenong Ranges.
Revenue
$50,000 pw
Rent
$1,461 pw
Net Profit
$5,000 pw
Location Details
Ferntree Gully is located at the foothills of the Dandenong Ranges, 30km south-east of Melbourne's CBD. This venue is located in Ferntree Gully's most busiest shopping centre.
Hours
8am-10pm daily
Lease
Shop A 2035 / Shop B: 2029. Option to extend 3x3x3x3 same landlord for both.
Employees
13 FT & 26 PT
About the Business
For sale is a well-loved café, bar, restaurant, and function destination located in Ferntree Gully, a suburb outside of Melbourne at the foothills of the Dandenong Ranges.
A multi-award winning multi-faceted venue, that is number 1 on TripAdvisor, has been established for a long period of over 20 years. This iconic venue is an institution in the heart of Ferntree Gully with an amazing reputation and a loyal following.
This venue consists of three dining areas which include a fully fitted bar and a modern function room with deck upstairs. It also contains a cosmopolitan style dining room downstairs and a large outdoor dining alfresco area that can be used all year round.
This venue is open for breakfast, lunch and dinner with regular customers coming back again and again.
With a solid social media following, this business often draws entertainers of all sort of calibre’s to perform at their function space. This is one of the many reasons as to why it is such a successful and popular venue to locals and visitors alike.
This business will appeal to someone that has been in the hospitality industry for a period of time or a business owner who is after an additional location. Whilst this is an extremely profitable business, there is still the opportunity to continue to expand this business. This can be done by continuing to develop its social media presence and further advertising private functions availability. There is also the opportunity to apply to have the Liquor Licence time extended past 12 am.
A business like this one does not come around very often. Contact NICK on 0419 589 852 to book in an inspection.
WHAT YOU NEED TO KNOW:
• Monthly rent Shop 1: $4193.69, Shop 2 $2091.84
• Shop 1: until 2035 & Shop 2: until 2029. Option to extend 3x3x3x3 same landlord for both.
• Open 7 days a week 8:00 am-10:00 pm
• Weekly takings of $50,000
• Weekly net profit of $5,000
• Under full management
• Can accommodate 150 diners
• Liquor Licence until 12 am
• All equipment is owned and will be included in this sale
• 24kg of coffee is consumed each week
• Consists of two commercial kitchens both with state-of-the-art equipment.
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