Iconic Burger Bar/ Diner Business in the South East for Sale

7 days ago

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Internal Ref: B13632

Summary

This restaurant/diner located in Melbourne’s South East is well known for its gourmet burgers, craft beer and iconic decor.

Revenue

$1,600,000 pa

Rent

$52,752 pa

Skills

It is run under management and there are staff in place to carry on operations

Hours

Trades 5 days: Thursday and Friday 5 to 9pm, Friday and Saturday 12pm to 10:30pm, Sunday 12pm to 10 pm

Lease

New Leaase

Reason for Sale

Retirement

About the Business

This restaurant/diner located in Melbourne’s South East is well known for its gourmet burgers, craft beer and iconic decor. Many diners come to admire the decor.

The large restaurant has 3 dining areas: a dining area with seating capacity for 94 inside, outside dining area with 44 seats and an upstairs area with seats for 50. Also has a large bar. And is fully licensed to 12am. There is plenty of parking for customers.

Well fitted out with quality fittings and fixture and equipment, it has a large kitchen with gas burning hot plates/griddles, fryers, canopy and stainless steel preparation benches and commercial dishwasher. There is also a cool room.

Run under management with 3 full time staff and 2 part time staff and 9 casuals as needed.

Trades 5 days: Thursday and Friday 5 to 9pm, Friday and Saturday 12pm to 10:30pm, Sunday 12pm to 10 pm

Turning over $1,6 Million per year (trading 49 weeks of the year). Rent for this large premises is $1,014 per week including GST. A new lease is available.

This diner has a website and social media presence, but has done very little advertising, patrons come by word or mouth. So there is huge potential for new owners if they implement some simple advertising.

Vendor is looking to retire and is looking for someone to carry on this Iconic dining concept. Perfect investment opportunity as it is run under management and there are staff in place to carry on operations.

For more information and to arrange an inspection contact Chris Panagiotidis or Elle Likopoulos on 03 9566 7300 or via email at elle@absolutebb.com.au

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