A genuine opportunity to secure a substantial restaurant and bar fit-out in Bundoora at a fraction of its estimated value.
Previously operating as a large Italian restaurant and bar, the venue has now ceased trading due to the vendor’s health, with the equipment and existing fit-out being offered for urgent sale.
With an estimated equipment value of over $400,000, the vendors are seeking just $88,000, creating an exceptional opportunity for an experienced hospitality operator looking to establish a new concept without the significant cost of purchasing equipment and fitting out a venue from scratch.
The premises are configured for approximately 110 indoor patrons and feature an extensive commercial kitchen, bar facilities and substantial hospitality infrastructure already in place.
KEY FEATURES:
- Equipment and fit-out sale only
- Estimated equipment value over $400,000
- Asking just $88,000
- Extensive commercial kitchen equipment
- Large restaurant and bar fit-out
- Approximately 110-person indoor capacity
- Existing bar and hospitality infrastructure
- Significant saving on replacement and establishment costs
- Suitable for a range of hospitality concepts
- Restaurant has ceased trading due to vendor health reasons
- Urgent sale with genuine vendor motivation
With significant infrastructure already in place and an asking price representing a fraction of the estimated equipment value, this is an opportunity well worth inspecting.
Ref: B15138
