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Prime Near City Location Bar & Eatery for Sale – Make An Offer
Summary
Not only does Hello Jose capture the daily traffic passing the venue but really does well when the Queen Victoria Market is on. With so many visitors it is a short walk across the road to a much qu...
Location Details
Peel Street
About the Business
Not only does Hello Jose capture the daily traffic passing the venue but really does well when the Queen Victoria Market is on. With so many visitors it is a short walk across the road to a much quieter Mexican oasis.
There is footpath trading for twelve at the front of the venue with next doors frontage available as well. The bifold doors open out to reveal the full frontage of the venue. The bar and small commercial kitchen take up most of the space inside. This is not an issue as nearly everyone heads out to the relaxed courtyard with shipping pallet tables, overhead cover, colourful umbrellas and room for 40 guests. The "tacky disco" décor at Hello José is fun and reminiscent of the seaside bars in Mexico and South America and is a great place to escape the hustle of the market.
Hello Jose has a restaurant and cafe licence until 11pm with a capacity of 61. There are seven years left on the lease made up of 1+3+3 and rent including GST and also outgoings comes in at $1250 a week. All fixtures and fittings are included in the sale.
The vendor has created a very nice venue that provides an excellent income. So Hello Jose suits an owner operator that can change nothing and maintain a great style of life. Or there is the opportunity to just capitalise on the space and location bringing a different concept to the area. The venue may be small but it is very profitable and there are a full set of financials to show this. The owners have moved regionally and the commute is too much hence the sale. A good set of numbers has Hello Jose being listed at only $75,000 (price reduction) for this fun opportunity.
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