Profitable Restaurant, Bar and Function Venue – Williamstown, VIC

VIC
Asking Price $59,000
About
BS154985 - Prime Location – Selling for Assets/Equipment Only!

This is an amazing Turnkey Business Opportunity in a Prime Location experiencing increasing development and strong housing growth. Fully set-up – and currently operating 5 nights a week – this beautifully designed restaurant will no doubt impress!

Perfect for a family or couple - or a chef to rebrand the restaurant - no further outlay is required. The premises are complete with great cooking facilities, fittings, and fixtures - All the hard work has been done!

BUSINESS HIGHLIGHTS:

-Well set-up fully licensed Bar & Croatian Restaurant in Williamstown – Current Takings of $12k-$15k a week.

-Go-to venue for weddings, corporate events, and other special occasions

-Offers Unique Experience in a Medieval-style building dating back to 1873

-Prime location in high-traffic shopping strip - Surrounded by thriving hospitality, retail, specialty, and corporate businesses

-Close to prominent tourist destinations, such as the Commonwealth Reserve, Gem Pier and Point Gellibrand Coastal Heritage Park

-Multiple function spaces and configurations: Whole Venue: 156 guests seated / 200+ standing

-Chapel (60 guests seated / 80+ standing), Courtyard (20 guests), Veranda (22 guests seated)

-Premises fitted out with $60k to $80k of assets - including all plant and equipment - No additional capital injection needed

-Full commercial kitchen, 2 walk-in cool rooms, separate dishwashing room and other amenities

-Excellent presentation with nothing to spend

-No active marketing ATM except word of mouth

-Suitable for any Indian/Asian Restaurant

-No financial information on offer - Business name not transferable

-Owner retiring after many successful years in the business

This opportunity presents the buyer with a well-designed (currently Croatian) restaurant and affordable rent in a standout location.

There is plenty of potential to increase profits by promoting the business, growing the customer base and extending trading hours.

PRICE: All offers over $59,000 invited

Property Code: 3443
        
Contact this seller
Listed By:
Contact this seller
Listed By: