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Most guests recommend trying tasty salads, bacon and fried chicken burgers. Guests visit this restaurant to order a delicious draft beer. Get your meal started with good coffee.
The cosy atmosphere will be really just what you need after a hard-working week. Beach front, large beer garden. Liquor License for 162 people
*Sales: $30,000 PM
*GP: 76%
*P&E worth $65,000
*Up to 6 years lease
*162 licensed seats
*4.3/5 Google rating
Tony Latessa and the team at LINK Melbourne are excited to present a well-established bar and restaurant to the market.
Established 11 years ago, this business has become an institution in a prime beachside suburb. Being directly opposite the beach, it enjoys excellent visibility to huge passing foot traffic volumes, attracting customers and tourists with barely any marketing. It operates 5 to 6 days per week, in summer trade capitalising on the strong dinner trade. It also derives revenue from third-party delivery vendors, significantly boosting sales, especially during summer.
The premises occupied by the business is fitted with funky pop-culture fit-out and thoughtfully designed for maximum efficiency, and the sale will include all assets necessary for operations. Notably, the business boasts a substantial seating capacity, licensed for up to 162 patrons across its indoor, outdoor and beer garden areas. The beer garden, in particular, enables the business to host private functions, diversifying its revenue streams. With its time-tested menu, cheap lease, prime location and substantial seating capacity, this business has plenty of room for expansion. As an already-successful operation, it is perfect for ambitious purchasers seeking a thriving and profitable business.
Make this business your own! Call Tony today to schedule an inspection.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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