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Modern IGA Supermarket Plus liquor in Bayside Location – Ref: 17061
Summary
Well-established hospitality businesses in a sought-after Bayside location. Approx. $22k PW takings, strong local following, liquor license, quality fit-out and indoor/outdoor seating. Outstanding opp
Revenue
$22,000 pw
Rent
$1,248 pw
Potential
• Extended trading hours
o Daily hours (Great coffee spot for mornings)
o Extended weeks per year to 52 from 48
• Increased beverage and wine sales
• Private functions and events
• Corporate catering opportunities
• Expanded digital marketing initiatives
• Strategic menu development
• Enhanced local promotional activities
Skills
No Special skills required however hospitality background advised.
Hours
Monday to Monday, Wednesday to Sunday
Lease
$61,902.88 per annum plus GST and outgoings, plus $2,974.44 for courtyard lease from metro
Employees
2 full time owners, One front of house the other in the kitchen, 3 full time staff, 8 casuals as and when needed.
Casual staff are roster only when required.
If the owners are away the restaurant is fully run by the assistant manager and sous chef
Reason for Sale
After many successful years building and operating the business, the owners have decided the time is right to take a well-earned break and spend more time with their young family.
About the Business
Located in one of Melbourne's most desirable Bayside suburbs, this beautifully presented restaurant and wine bar offers an outstanding opportunity to acquire a well-established hospitality business with a loyal local following.
Combining quality dining with a relaxed neighbourhood atmosphere, the business has built a strong reputation and enjoys consistent trade from both residents and destination diners.
Key Features:
• Turnover of around $22,000 PW
• Liquor sales account for around 30% of revenue
• Seating for approximately 70 patrons indoor and outdoor.
• Stylish fit-out with excellent ambience
• Well-equipped commercial kitchen
• Strong local customer base and repeat trade
• Premium Bayside location with excellent exposure
• Outdoor courtyard seating area
• Established team in place including kitchen and front-of-house staff
• Ample opportunity for growth
This business would suit experienced restaurateurs, chefs, hospitality operators or investors seeking a quality venue in a highly sought-after Bayside location.
Opportunities of this calibre and price point are rarely available in Melbourne's Bayside hospitality market.
For further information please contact Phil Booysen now on 0429 006 921 or click here to submit a confidentiality agreement.
Ref 1097
History
Set up in 2020 by the current owners
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