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Teller Collective, Fryers Street Food Store, The Vault For Sale

Shepparton, Victoria, Australia
Asking Price:
$395,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Must be sold - Make an offer!

• Premises includes 3 brm apartment upstairs
• Enviably located
• Widely considered “the best in town”
• Casual dining in relaxed and inviting atmosphere
• Art deco converted warehouse
• Huge potential to expand

The Collective incorporates leading, high-end restaurant the Teller Collective, popular café Fryers Street Food Store and premier function and private event space, The Vault.

Widely considered “the best in town”, the Teller Collective restaurant offers a formal dining experience combining modern food with excellent service. The restaurant is beautifully presented with a superb fit out of polished timber and concrete. Upstairs, there is an additional dining space which can also be utilised for small gatherings and functions for 18-50 guests. There is also an open-air balcony.

The Fryers Street Food Store offers casual dining in a relaxed and inviting atmosphere. Nestled in at the rear of the Fryers Street Food Store is the glamorous Wine Room which is great for private dining for groups of up to 12 people. Behind the Wine Room is a further private dining room with a large table that can seat up to 18 people.

The Vault is a beautiful art deco converted warehouse available for functions for 60-150 people. This attractive function centre can be decorated for any social gathering. The huge open area provides plenty of space for a dance floor and band. There is a full bar and onsite catering is also available.

Property Information

Living Accommodation:

Above the Fryers Street Food Store is a three-bedroom self-contained apartment with a single car lockup garage which is currently being used as a storeroom. It is available for use/rent for staff or owners and could result in additional income for the business.

Location:

The Collective is enviably located right in the heart of Shepparton’s main retail and dining precinct.

Premises Details:

Situated on Fryers Street, the Teller Collective restaurant and the Fryers Street Food Store café occupy spacious premises right next door to each other, jointly serviced by kitchen and storage facilities. The Vault is located at the rear of the Food Store on Maude Street. Each of the three premises can be directly accessed via a laneway at the rear of the Fryers Street premises.

Business Operation

Expansion Potential:

Huge potential exists to expand on the events / functions aspect of the business within the multiple areas available including the upstairs area in the Teller Collective restaurant as well as two small dining room spaces. There is further opportunity for growth by utilising The Vault as a live music or comedy venue.

There is also potential to further develop house brand products for retail and wholesale sales opportunities in the Food Store.