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Managed Bar Restaurant 33 K Pw Windsor For Sale

Windsor, Victoria
Asking Price:
$500K - $1M (AUD)
Sales Revenue:
$1,790,821 (AUD)
Cash Flow:
$250K - $500K (AUD)

A hip on trend and locals’ favourite haunt. Fully managed Licensed Bar/Restaurant with textbook margins, long lease and cult status in the popular Windsor end of Chapel St.

Location Details
Windsor is known for its eclectic & hipster culture.

Look no further than the section of Chapel Street, which used to be the poor cousin to the glitzier South Yarra end, Windsor is the food, drink and entertainment destination. The entire suburban pocket square bounded by Dandenong Road, St Kilda Road, Williams Road and High Street is famous for its minimalist cafes, hidden speakeasy bars and everything vintage.

About the Business| Owners contribution
In 2018, the owners purposely stepped back from the business, employing a manager to oversee the day to day operations.

Currently in its thirteenth year of operation, this business is a stalwart in the Chapel Street hospitality offering, situated down the Windsor end of the precinct.
Described by locals and regulars as a Windsor institution, well known for its
value for money, massive servings from its classic breakfast
to a destination providing a friendly, accessible and comfortable space to hang out in at any time of the day.
Created in 2007 its hip design is a comfortable hangout and a regular favourite that appeals to the whole community.
It’s no nonsense attitude shines through with its offering of all-day breakfast, a large menu also catering for snacks, lunch and dinner, with the kitchen open until late, 7 days a week.

All about the food, the booze, the coffee, the music and the good times.

The extensive beverage menu includes many Australian and New Zealand wine options, craft, local and international beer and cider, cocktails and spirits, as well as soft drinks and juices.

Key Highlights

• Established for over 12 years
• Turning over $33,000 Per Week
• Loyal Customer Base
• Easy to execute food & beverage menu

Lease
Lease Commenced: 17th September 2016
Lease Term Ten (10) year(s)

Sales | $1,790,821

Rent
$78,828.72 | 5% increases

Hours
7 Days ~ 8.00am till 1.00AM

Skills
Staff Management, Customer Service, Stock Buying, Business admin.

Training
2 weeks

Staff
12 Full time Staff

Potential
The new owner will leverage an enviable business that is well established and one of
Melbourne’s iconic and eclectic all-rounder venues that is easy to manage with a strong customer base and easily to executed food & beverage menu. All the fundamentals, processes, procedures and customer service foundations are solidly laid.

This is a very solid, turnkey business, which would benefit any new owner to
seamlessly take over, run as status quo and enjoy immediate profits and cashflow.

Reason for Sale
Other ventures

History
13-year trading history.

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on for a full Information Memorandum.

Property Information

Real Estate:

Lease

Contact Information

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