Available

5 days Restaurant Bar, South Yarra, Under Manage, TA $50k pw

PRIME Location! High Foot Traffic, Professionally Fitted-out, Fully Under Management
5 days Restaurant Bar, South Yarra, Under Manage, TA $50k pw

At a glance

ASKING PRICE

$550,000.00

LOCATION

VIC

INDUSTRY

Food and Hospitality

LISTING ID

27503

About this business

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: $550,000

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.

Speak with the broker

Sam Vasli
Sam Vasli

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5 days Restaurant Bar, South Yarra, Under Manage, TA $50k pw

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