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Under Management Restaurant And Bar Business Lyndhurst For Sale

Lyndhurst, Victoria, Australia
Asking Price:
$100,000 (AUD)
Sales Revenue:
$728,000 (AUD)
Cash Flow:
Not applicable

**Price: $100,000 + stock**

Under Management Restaurant and Bar Business for Sale Lyndhurst


Restaurant and Bar business for sale with excellent shopping centre location in Lyndhurst, in Melbourne’s south east.

This family friendly restaurant occupies a corner site with inside and outside covered seating area. The large restaurant has a seating capacity of 80 inside and 60 outside. Also boasts a full commercial kitchen.

Fully licenced until 10pm for 136 people.

The extensive menu caters for all tastes and the large dining area makes this restaurant popular for functions. This restaurant is very busy for dinner and has live music on Saturdays. Also popular for breakfast, with 35% of turnover derived from breakfast and selling 14kg of coffee per week.

Trades 7 Days: Monday, Tuesday, Sunday 8am - 3pm; Wednesday to Saturday 8am - 9pm.

No cooking experience is necessary as the restaurant is run under management with 4 full time and 8 part time staff.

Established 10 years, this restaurant/bar/bistro has an average turnover of $14,000 per week.

Rent is $9,500 per month incl. GST with a secure lease of 5x5 commenced June 2021.

This business is well worth an inspection.

For more information and to organise an inspection contact Chris Panagiotidis or Elle Likopoulos.

Ref: B14125

Property Information

Real Estate:

Lease

Lease Terms:

5x5 Commenced 1/6/21

Location:

Restaurant and Bar business for sale with excellent shopping centre location in Lyndhurst, in Melbourne’s south east.

Premises Details:

This family friendly restaurant occupies a corner site with inside and outside covered seating area. The large restaurant has a seating capacity of 80 inside and 60 outside. Also boasts a full commercial kitchen.

Business Operation

Reasons for selling:

Moving Interstate

Trading hours:

7 Days; Monday, Tuesday, Sunday 8am - 3pm; Wednesday - Saturday 8am - 9pm

Employees:
Under Management; 4 FT Staff, 8 PT Staff
Years established:
10

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