Restaurant Bar, Prime Inner-City, TA $30,000 P/W

An exceptional opportunity to acquire a large, long-established restaurant and bar located in a prime inner-city hospitality precinct only minutes from Melbourne CBD.

This substantial venue offers strong revenue, large seating capacity, and significant infrastructure, making it ideal for experienced operators or hospitality groups seeking a high-capacity restaurant and function venue.

Business Highlights

• Annual Revenue: Avg $30,000+ per week

• Seating Capacity: 100 patrons

• Price: $390,000 (recently reduced)

• Huge value of Equipment

Ground Floor Venue

• Spacious restaurant with large dining area and fully licensed bar

• Commercial kitchen with multiple preparation areas

• Walk-in coolroom and freezer

• Infrastructure designed for high-volume service

Upstairs Function Venue (Currently unused for a couple years and offering significant growth potential)

• 150+ seated or 200+ standing capacity

• Existing licensed bar and commercial kitchen

• Food lift connecting both kitchen levels

• Separate street entrance, amenities and balcony area

• Ideal for functions, weddings and private events

Upstairs can be included in the sale at no additional cost, but separate rental fee

(subject to landlord's approval).

Operations & Lease

• Fully staffed operation with manager and experienced team in place

• Current owner has retired and is only overseeing operations

• Owner is also the landlord, providing potential lease security and flexibility

Asking Price: $390,000

(PRICED LOW TO SELL QUICK, DUE TO OWNER"S AGE)

Contact SAM VASLI from Expert Business Brokers

0432 579 502