Prime Restaurant & Bar in one of South Yarra’s most popular hospitality precincts
– Excellent high-foot-traffic location
– Strong $50,000 weekly Takings
– Fully under management – owners primarily look after accounts
– Established 7 years under the same ownership
– Reasonable rent for such location and premises size (approx. 6.5% of sales)
– with Long Secured Lease in place (approx. 13 years remaining)
– Liquor licence capacity for 150 patrons
– & Seating capacity approximately 100
– High-value fit-out & equipment, all in excellent condition
– Indoor seating, outdoor rear & front seating, function area
– Experienced and professional team in place
Opportunity:
– Excellent opportunity for an experienced owner-operator
– Great potential to improve operations, product quality & service
– Further marketing and hands-on involvement could also drive sales & profitability
Asking Price: $490,000
For more information on this unique opportunity, contact Sam Vasli from Expert Business Brokers.
0432 579 502
Note: Pictures used are for advertising purposes only. Actual business may not be shown.
