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Bar - Restaurant - Takeaway - Cafe - Restaurant - Bar - Point Cook Area - Sales $9,000 P.W. For Sale

Melbourne, Victoria, Australia
Asking Price:
$29,000 (AUD)
Sales Revenue:
$468,000 (AUD)
Cash Flow:
$112,112 (AUD)

Restaurant serving English pub style meals including steak and mash and Yorkshire pudding with great on-tap beers - Full stand up bar and inside seating area - venue is popular as a function centre for intimate dinners and cocktail standing parties up to 180 - well equipped audio-visual equipment capabilities - weekly events like Fri. & Sat. music nights + discounted tap beers Sunday to Thursday. - 25 seats outside - 80 eats inside.

Potential
Outstanding location for private functions is currently under-utilised - new signage and social media promotion - Potential for change of cuisine to a steak house, Japanese teppanyaki, Mediterranean or Turkish.

Features
Highly visible and lots of foot traffic - Licence till 1am - Well established - Popular and well known.

Premises
Modern open-space with high ceilings and folding windows across the entire street frontage and an area of 140 sq. mts.

Location
South-Western outer Melbourne location on busy shopping strip near main entrance to shopping centre.

Trading Hours
6 days - Tues. - 5 p.m. -11 p.m. - Wed. to Sun.- 11 a.m. - 3 p.m. + 5 p.m. - 11 p.m. - Mon. closed.

Lease
4 + 5 year lease expires October 2023 - 3% -.-.-. increases - Bond is 3 months rent bank guarantee.

Employees
1 owner operator + 2 chefs + up to 6 casuals (demand dependent).

Comments

Property Information

Location:

South-Western outer Melbourne location on busy shopping strip near main entrance to shopping centre.

Business Operation

Expansion Potential:

Outstanding location for private functions is currently under-utilised - new signage and social media promotion - Potential for change of cuisine to a steak house, Japanese teppanyaki, Mediterranean or Turkish.

Trading hours:

6 days - Tues. - 5 p.m. -11 p.m. - Wed. to Sun.- 11 a.m. - 3 p.m. + 5 p.m. - 11 p.m. - Mon. closed.

Employees:
1 owner operator + 2 chefs + up to 6 casuals (demand dependent).
Years established:
2009

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