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Licensed Restaurant Business In Footscray For Sale

Footscray, Victoria, Australia
Asking Price:
$100K - $250K (AUD)
Sales Revenue:
$400,000 (AUD)
Cash Flow:
Available on request

Well set up, modern and chic restaurant business for sale in the heart of Footscray.

This elegant restaurant is well fit out with seating capacity for 45 patrons and a full commercial kitchen and bar with a liquor license until 11pm.

The restaurant has an excellent main road location in the heart of Footscray with plenty of passing foot traffic. It is well placed in an eating and dining area of Footscray.

It currently serves Asian cuisine, with the owner working part time in the business with 1 full time staff, who is a chef and 4 casuals. The new owner could take over and run this restaurant as it is or take over and introduce a different cuisine or simply add to the menu.

Trades 5 Days - Wednesday, Thursday & Sunday 5:30pm - 9:30pm; Friday & Saturday 5pm - 10:30pm; Closed Monday & Tuesday.

Business comes with well designed website and social media accounts which an be further utilised to market the business.

Currently taking an average of approx. $400,000 per annum with rent of $3,960 per month including GST and lease of 3x3 which commenced in August 2021.

This restaurant is well worth an inspection and will certainly impress.

Call today for more information and to set up an inspection.

If interested, please contact the seller through the form on this page. Information package available to all qualified Buyers upon a Non Disclosure Agreement being executed.

Property Information

Real Estate:

Lease

Lease Terms:

3x3 commenced in August 2021.

Leasehold Rent:

$47,520 (AUD) per annum

Location:

Excellent main road location in the heart of Footscray with plenty of passing foot traffic. It is well placed in an eating and dining area of Footscray.

Premises Details:

Well fit out with seating capacity for 45 patrons and a full commercial kitchen and bar with a liquor license until 11pm.

Business Operation

Reasons for selling:

Moving Overseas

Trading hours:

5 Days - Wednesday, Thursday & Sunday 5:30pm - 9:30pm; Friday & Saturday 5pm - 10:30pm; Closed Monday & Tuesday.

Employees:
1 PT Owner, 1 FT Staff, 4 Casual Staff
Years established:
3