Cafe and Restaurant
ESSENDON, VIC 3040 l VIC
New listing

LICENSED CAFE/RESTAURANT For Sale

ESSENDON NORTH

So, you have the NEXT BIG FOOD TREND? But don't have a space to showcase it? Well this is your chance - But get in quick!

Once in a while a golden opportunity to buy arguably one of the most loved licensed venues in affluent Essendon North surfaces. This iconic Restaurant is your once in a lifetime chance to enter this exclusive segment of the market on high profile Keilor Road. The venue is currently run as Mediterranean cuisine but has the space and potential to be converted into the NEXT BIG FOOD TREND!

A large open plan restaurant to seat 110 inside is complemented with the inviting tones of blues and whites to match the Mediterranean menu. Boasting a bright outdoor dining area to seat 30 on the ever bustling Keilor Road, this restaurant is the pinnacle of casual dining in this area.

Inspect TODAY and settle in time for the busy SUMMER money making months ahead.

Call Nick 04189 589 852 to INSPECT!

BUSINESS HIGHLIGHTS:
Annual sales of $850,000
Solid net profit of $200,000 p.a
Secure lease with 8 years remaining (4 + 4 years from November 2018)
Seats 110 inside and 30 outside
High profile location on Keilor Road
Well known in the area for its functions
Rent $73,320 p.a + GST
Open 6 nights: 5.30pm til late (closed Monday)
Café & Restaurant liquor licence until 11pm – 7 days
Fully equipped commercial kitchen including walk in cool room and freezer and large prep area

ASKING PRICE: $240,000 - $280,000

Call Nick 0419 589 852 to inspect

Price: $280,000 Negotiable + S.A.V.
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Broker : Nick Gazeas
Phone: 0419 589... (click to show)
Mobile: 0419 589... (click to show)
Fax: 03 8695... (click to show)
Address:
281 Lygon Street
BRUNSWICK EAST, VIC 3057, VIC, 3057


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