Owner relocating so want quick sale.
Profitable but can do much more.
Fully set up. Well maintained.
Good location with cheap rent and long lease.
Hard to get Gami on this side of Melbourne.
Good for owner operator, family or Manager business.
- Asking Price:
- $270,000 (AUD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $832,000 (AUD)
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 years left + 5 year extendable
- Leasehold Rent:
-
$62,000 (AUD) per annum
- Location:
-
Busy main street with many restaurants and entertainment around. Good public transport and parking.
- Premises Details:
-
Very good condition premises and all restaurant equipment also good condition
- Planning Consent:
-
All permits and licenses in place including Liquor License
Business Operation
- Expansion Potential:
-
Lots of potential to expand with longer trading hours, catering and develop dining side of the business
- Reasons for selling:
-
Owner relocating
- Trading hours:
-
7 days for dinner
3 days for lunch
No breakfast
- Employees:
- 7
- Years established:
- 4
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Royalty 5%. Marketing 2%
Other Information
- Support & training:
-
Very good head office training for new owner + current owner can also do training and handover
- Inventory / Stock value:
- $4,000 (AUD) - included in the asking price
