Internal Ref: bus6440
Summary
Step into an established, fully licensed restaurant and bar offering a premium commercial fit-out, established staffing structure and multiple revenue...
About the Business
With approx. $1.08M annual turnover and weekly takings of approximately $20,000, the business presents an exciting opportunity for an owner-operator, hospitality group or investor seeking a turnkey venue in a highly sought after Melbourne location.
The venue currently trades five nights per week, providing genuine scope to increase revenue through additional trading hours, expanded daytime trade, catering and further development of existing revenue streams.
Featuring a high-quality commercial kitchen, full bar setup, licensed outdoor trading area and seating for 50 patrons, the venue is ideal for operators seeking a modern, well-equipped hospitality space with strong foundations and excellent expansion potential.
KEY FEATURES
• Approx. $1.08M annual turnover
• Weekly takings approx. $20,000
• Premium commercial fit-out valued at approximately $350,000
• 10 + 10 + 10 year lease structure through to 2054
• Rent $70,000 + GST p.a.
• Licensed restaurant and bar
• Licensed outdoor trading area
• Seating for 50 patrons
• Established staffing structure with supervisor in place (minimal owner involvement)
• Strong digital presence with 18,000+ Instagram followers
• Australian Open exposure and Good Food Guide recognition
• Dine-in, takeaway, catering and hotel chargeback revenue
• Currently operating five nights per week
• Significant scope to increase trading hours and revenue
FOR SALE: $130,000 + STOCK
Contact the exclusive broker:
Damian Slijanoski
Benchmark Business Sales & Valuations
M: 0478 882 069
T: 1300 366 521
If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6440 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
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