Own The Iconic Coconut Lagoon Indian Restaurant After 15 Years Of Success (17243) For Sale

- Categories: Food/Hospitality
Currently on offer is well known and highly reputed Coconut Lagoon Indian Restaurant, which is first time on market for sale, offering a unique opportunity to own this legendary establishment. Don't miss out your chance to be part of its culinary journey!Key Features:*Located on busy Bell Street within an exponential growth pocket of Ivanhoe/Heidelberg suburb surrounded by several multi-storey residential towers.*Well established for 15 years with a track record of profitability*A very strong loyal clientele of repeat customers built over the years*Total 430sqm property area*Rent $1557 p.w.*Weekly revenues of $13,000*Dinners only; short 35 hours of operation in total per week*Long 20 years new lease*Three zones of seating for 60-80 patrons*Huge commercial kitchen with extensive equipment including a walk- in- coolroom*Licenced till 11pm*Excellent declared profits.*2-Bed Rooms dwelling upstairs with separate entry generating extra rental income.*Designated parking for Staff and Owners*Genuine sale due to Vendors retiring.*All recipes will be transferred, and full training provided for smooth transition.Sanjay and the Team at LINK Melbourne are thrilled to present this exciting opportunity in Ivanhoe/Heidelberg region.Established in 2008, Coconut Lagoon Indian Restaurant embodies over a decade-long culinary tradition, blending vendor expertise and Indian cuisine mastery. Specializing in South Indian cuisine from Kerala, it offers a unique gastronomic journey. Alongside, savor it's renowned North Indian, Tandoor, and Indo-Chinese delights.The Vendors take pride in preserving Kerala's authentic flavours, crafting each dish from scratch. Coconut Lagoon is synonymous with exclusivity and Kerala's heritage.This iconic restaurant offers three zones of seating, an inviting bar, and an exclusive space for memorable buffet nights. The elegant interior and soothing ambiance enhance the dining experience for patrons.A well-equipped, spacious commercial kitchen offers an ideal setup and facility for catering large external events if desired.This establishment has huge opportunity to capitalize on the thriving local market in the coming months and years, thanks to a rapidly expanding residential base and an exceptional ongoing commercial growth in this dynamic and promising area.For more information or inspection, please call Sanjay (Mobile: ---------- ; Email [email protected]).
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