Internal Ref: B15138
Summary
Genuine opportunity to secure a substantial restaurant and bar fit-out in Bundoora at a fraction of its estimated value. Vendors are seeking just $88,000 for equipment valued over $400,000
Location Details
Prominent Bundoora location
Lease
Secure lease with further options
About the Business
A genuine opportunity to secure a substantial restaurant and bar fit-out in Bundoora at a fraction of its estimated value.
Previously operating as a large Italian restaurant and bar, the venue has now ceased trading due to the vendor’s health, with the equipment and existing fit-out being offered for urgent sale.
With an estimated equipment value of over $400,000, the vendors are seeking just $88,000, creating an exceptional opportunity for an experienced hospitality operator looking to establish a new concept without the significant cost of purchasing equipment and fitting out a venue from scratch.
The premises are configured for approximately 110 indoor patrons and feature an extensive commercial kitchen, bar facilities and substantial hospitality infrastructure already in place.
KEY FEATURES:
• Equipment and fit-out sale only
• Estimated equipment value over $400,000
• Asking just $88,000
• Extensive commercial kitchen equipment
• Large restaurant and bar fit-out
• Approximately 110-person indoor capacity
• Existing bar and hospitality infrastructure
• Significant saving on replacement and establishment costs
• Suitable for a range of hospitality concepts
• Restaurant has ceased trading due to vendor health reasons
• Urgent sale with genuine vendor motivation
With significant infrastructure already in place and an asking price representing a fraction of the estimated equipment value, this is an opportunity well worth inspecting.
For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or [email protected].
Ref: B15138
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