RESTAURANT, BAR & FUNCTION VENUE – VENDOR TERMS AVAILABLE

Melbourne Region, VIC
Asking Price $1,100,000
About

BUSINESS HIGHLIGHTS:

  • General liquor licence until 1am for 300 patrons + a Bottle Shop licence until 11pm - 7 days
  • Sales of $2,200,000 and growing fast
  • Net profit of $550,000 pa
  • Currently run under management, however, also excellent opportunity for owner/operator
  • Prominent corner building with maximum exposure in fast going area of the West
  • Currently trading 7 days a week from 11.30am Mon – Fri and from 8am on weekends
  • Huge scope for continued growth by building on the function side of the business
  • Secure long lease with market rental
  • Stunning architecturally designed modern fit out and excellent commercial kitchen in near new condition with large prep area, walk in cool room, freezer, grease trap, canopy and all equipment fully owned & included in the sale

PRICE RANGE: $1.0 - $1.1 Million + Stock*

*With up to 50% vendor terms available for experienced operators

This stunning venue has been a huge hit since opening its doors just over two years ago in one of the fastest growing areas of the outer West. The business has already established a name for itself as the go to restaurant, wine bar and function venue in the area. Its contemporary casual dining menu and excellent range of wines and beers make this venue a perfect spot for any occasion. From a private function or casual brunch or dinner with friends to watching live music on a Friday night, this place has fast become the local’s favourite.

This business opportunity is the ultimate entertainment package for any experience hospitality operator, with a general license until 1am for 300 patrons plus a bottle shop license 7 days a week until 11pm. The venue comes complete with a stunning architecturally designed modern fit out in near new condition with a separate function area with its own bar, bathrooms and private access, plus a fully equipped commercial kitchen with large prep area and plenty of storage. All the hard work building this venue has been done and the business is now perfectly positioned for a new operator to take over and continue building on the revenue to increase profits even further. An inspection is guaranteed to impress!

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