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Longstanding Restaurant Bar - Bayside For Sale

Hampton, Victoria, Australia
Asking Price:
$199,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
Not applicable

*Price: $199,000 + stock*

Key Features:

- Solid Takings
- Upper Class Clientele
- Relaxing Local hangout
- Full Commercial Kitchen
- 80+ seating inside and out
- Covered Courtyard in the back
- 2 relaxing Function Rooms upstairs
- High Foot Traffic
- Long 3+3+3 lease in place
- Massive Solar System reduces power bills considerably
- 6 Day lunchtime and dinner time trading
- Live Music Venue

This amazing Restaurant bar for sale is a great gathering place for the local affluent Bayside community.
The customer base consists of a nice wide age range with a relaxing venue for all to enjoy.
2 small Function rooms can be utilized as either overflow on busy days or for private functions.
Upstairs features another large office/storage room and customer toilets.
Surrounded by many supporting businesses ensures a steady flow of customers to the area.
Out at the back, a beautiful covered courtyard awaits those looking for an outdoor experience.

Due to Family reasons, this excellent opportunity is now available to the keen operator.
The Restaurant bar operates for 6 days per week only doing lunch and dinner with some drinks till closing.
The business can easily be expanded to include mornings, to cover breakfast trade.

This is a must see opportunity.

To find out more about this awesome Bar for Sale, Call Phil Booysen Now

Ref: B14141

Property Information

Real Estate:

Lease

Lease Terms:

3x3x3 Commenced 04/2019

Location:

Busy Main Road
Affluent Area
Supporting businesses around

Business Operation

Expansion Potential:

Potential for an enthusiastic owner to grow even further

Reasons for selling:

Family Reasons

Trading hours:

6 Days: Tue – Sun: 12pm – Closing

Employees:
2 FT Owner, 3 Casuals
Years established:
30

Other Information

Support & training:

Can be provided

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