Iconic restaurant for sale in the heart of Williamstown Ref: 24010002.

7 days ago

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Summary

Well respected restaurant that has stood the test of time, It has sustained loyal clientele that travel from a far to enjoy the great ambiance and cuisine.

Potential

There are some great opportunities to take the business to the next level. The venue is suited for large functions including Wedding. Currently there are no delivery services options which could be set up to increase sales. Opportunity to add Live music and entertainment within the beer garden to attract a new following.

Skills

Previous experience in running a large restaurant would be preferred.

Hours

Currently trading

Dinner Wed – Sun

Lunch Fri – Sun

Lease

5 years + 5 more

Employees

There are 8 staff plus the owner currently running the restaurant split between the Kitchen and front of house.

2 x FT

1x PT

5 x Casual

Reason for Sale

Looking to spend more time with family.

About the Business

The restaurant is set out with an attractive interior design which leans heavily into the Greek heritage aesthetic. Fully furnished and has a fully fitted kitchen with well-trained chefs. The restaurant can comfortably seat more than 170 seats inside the more than 300+ square meter indoor space and room for almost 50 more outside the beer garden. The outdoor beer garden offers plenty of options to cater for events and parties of all shapes and sizes and live music.

The restaurant has a strong social media presence with substantial reach with limited spend and 4.9-star Google reviews.

The owner is selling below market valuation, the business ideally suits the input of someone with hospitality experience and the rewards for success could be spectacular. This is a great opportunity to acquire an existing, established restaurant without the full initial setup time costs or franchise fees.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker. Complete an online confidentiality agreement on www.purplegreenbusinessbrokers.com.au

Stock photo images may be used to represent the business on an unidentified basis.

Purchasers are required to make their own enquiries in order to verify the information provided.

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