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Popular Licensed Restaurant Bar In Melbourne For Sale

Melbourne, Victoria
Asking Price:
$100K - $250K (AUD)
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$100K - $250K (AUD)

Highlights
• inner melbourne bayside restaurant
• high turnover $2,000,000+ per annum revenue
• fully licensed 1am
• top of the line fixtures, fittings & equipment
• prime trading position

executive summary
a liquor licensed international casual dining restaurant located close to the melbourne cbd, in an area known for its shopping, bars and restaurants. Da approved for 110 people on the premises.

Location details
approx. 250sqm stylishly fitted out premises with outdoor/footpath dining.

Potential
there is an opportunity for a new owner to either rebrand the business or to continue the current business and expand with new dishes and increased marketing.

Skills
this restaurant opportunity would suit a purchaser with experience in the hospitality industry or someone looking to get into the industry.

Hours
open 7 days a week
monday to thursday & saturday: 5pm – 11pm
friday to sunday: 12pm-11pm

lease
lease expiry late 2021 with an additional 2x5-year option.
Car park included plus storage cage.

Employees
absentee owner run - under total management with fully trained team in place.

About the business

this is an exciting restaurant opportunity centrally located in inner bayside suburb which benefits from high amounts of foot traffic. The prime location is positioned close to key tourist hot spots such as acland street, albert park lake and st. Kilda beach!
The 250sqm liquor licensed restaurant has been renovated to a high standard fit out and can seat approx. 100+ patrons, offering a large dining area, bar, commercial kitchen, storage and much more.
The restaurant has shown extremely strong and consistent performance with excellent profit returning to the owner. The sale includes an extensive list of assets & equipment with further details being provided post enquiry.

Key facts about this restaurant:
- liquor licensed 1am
- suit any concept/theme
- 250sqm premises seating approx. 100+ patrons
- extensive list of assets/equipment included in the sale
- glowing online reviews
- long secure lease

Property Information

Real Estate:

Lease

Contact Information

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