Internal Ref: B14961
Summary
Take advantage of this fantastic opportunity to own an established restaurant in the heart of Essendon. Perfectly positioned on a high-traffic main road with ample customer parking.
Revenue
$104,000 pa
Rent
$53,232 pa
Location Details
Positioned on a high-traffic main road with ample customer parking.
Potential
Huge potential to increase revenue by extending hours and tapping into the busy lunch trade.
Hours
6 Days: Tues - Sun 5 pm - 10 pm. Closed Monday
Lease
5 years commenced July 2024 plus 1 further 5-year option
Employees
2 FT Owners, 1 FT Staff
About the Business
Take advantage of this fantastic opportunity to own an established restaurant in the heart of Essendon. Perfectly positioned on a high-traffic main road with ample customer parking, this venue attracts a mix of loyal locals and destination diners.
The restaurant is currently trading as a Thai eatery but is ideal for any cuisine or concept. The setup and infrastructure make it easy for a new owner to walk in and start trading immediately.
Key Features:
Fully equipped commercial kitchen with prep zones and a walk-in cool room
Tastefully fitted dining area with seating for 38 inside and 8 outside
Liquor licence until 11pm
Excellent location with strong local following
Rent: $4,436 pcm + GST
Lease: 5 years commenced July 2024 plus 1 further 5-year option
Huge potential to increase revenue by extending hours and tapping into the busy lunch trade
This business would suit a hands-on owner-operator or family-run team looking to take advantage of a quality setup in a thriving area. Continue the existing concept or bring your own culinary vision to life - the possibilities are endless.
For more information contact:
Chris & Elle – Absolute Business Brokers
Chris: 0433 582 533 | 03 9566 7300
Elle: 0481 608 460 | 03 9566 7300
[email protected] or [email protected]
Ref No: B14961
Connect with us