This is an amazing opportunity to acquire a popular Mexican restaurant well known all over Melbourne for serving delish, simple Mexican dishes with a modern twist.
The 100sqm premises has been extremely well equipped and fitted costing the existing Vendor in excess of $120,000 to fit out. Showcasing gorgeous pontoon lighting, polished floorboards, a full commercial kitchen, landscaping in the rear beer garden, and beautiful marble counters, the business is sure to impress even the fussiest of buyers and an inspection is highly recommended.
Located on a bustling shopping strip minutes away from the Geelong CBD, the business is surrounded by key amenities and sees large rates of passing traffic daily as the area is experiencing high growth rates and is quickly becoming a hospitality hot spot for locals.
Key features include:
*Taking $12,000 per week
*Open 7 days per week, short hours
*Run fully under management
*Affordable $769 per week rent
*1.5 Year lease with the potential for more terms
*HUGE potential to increase takings
*11pm Liquor license
*Prime location in a high growth suburb
*Database of 6000 customers
*Modern online ordering app
The Vendor also owns a further 3 sites throughout Melbourne which are all available to purchase through LINK, this is a great opportunity to take advantage of the established systems in place, branding, and intellectual property.
For more information please contact Kristy Kolaitis from LINK on the below:
Phone: 0421 136 415
*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.