Licensed Restaurant - The Iconic ‘Daylesford Steakhouse’ - Daylesford, VIC

Business ID:BS153846

ROI: $600-$800K TURNOVER WITH PROFIT OF APPROX. $250-300K

The ONLY Steakhouse in 3 shires, this profitable business has a captive market and an impressive turnover!  

Housed in a stunning heritage building (former Melbourne Bank), the business offers multiple dining and relaxation areas.

There is NO COMPETITION, a strong customer base of locals and tourists, and a lot of scope for

future growth.

BUSINESS HIGHLIGHTS:

   -  Gorgeous premises with the ONLY outdoor dining balcony overlooking the Main Street

   -  No other steakhouse in the area - Only pubs and cafes

   -  Heritage building with original honey oak floors, 3 Separate dining areas, Lounge with open fireplace, Dining Room with open fireplace, large garage, storage, plus downstairs office or dwelling  

   -  Established in 2018 and running strong (even through covid) for over 5 years

   -  Extensive inclusions: Kitchen assets - $57,650, Bar assets - $26,893, Restaurant assets $114,375

   -  All stock and supplies included at cost (Bar and Kitchen)

   -  Good marketing in place including TL News publication, Online social media platforms, Customer lists, and ‘Book it Now’ restaurant booking system

   -  Customer base is 70/30 tourists and local clientele

   -  Current owner works 15 hours per week on average + 2 F/T and 5 Casual staff

   -  Currently trading Thursday to Monday - Licensing allows for 7 days of trade from 11am until 10pm every day

   -  Easy business to run – Would suit someone with minimal experience in the hospitality industry

   -  2 weeks’ training provided for handover period

   -  Owner moving interstate

Daylesford is a destination town which attracts high-income visitors, looking to get away and spend!

The town is always busy, so there is great potential to increase your trading days/hours.

This is the perfect business for someone seeking a tree-change to the country – or an investor wanting a passive income.  It is a very solid and highly profitable business, which would further benefit from trading 7 days a week, opening for lunch at the weekend, and attracting more functions, events, and private catering.

The ‘Daylesford Steakhouse’ is a delightful venue, and whoever buys it will prosper and thrive!

PRICE: $270,000 O.N.O - Finance options available

Property Code: 3671