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Currently on offer is a chattel sale of an extensively furnished restaurant cafe. The premises is situated in a prime location on the ground floor of a commercial and residential complex near a major audience-attracting venue. Its strategic location and elaborate fit-out presents an exceptional opportunity for enthusiastic purchasers.
*Chattel sale
*Prime corner location
*P&E valued at $500,000
*315 sqm premises
*Secured lease
*150 seater with Liquor license
Simon Sheridan and the team at LINK are thrilled to bring to the market a chattel sale of a premium-fitted restaurant in Melbourne’s inner-city suburbs. Operating in a vibrant hotel and apartment building, the premises may benefit from a built-in consumer base, enhancing visibility and securing a steady flow of potential customers. Nearby retail establishments and a neighbouring major sports venue generate a diverse customer pool, further bolstering profit potential.
The chattel sale encompasses 315 sqm of premises with a dining area, a bar, a commercial kitchen, an office and storage space. Equipment includes a walk-in cool room, a walk-in freezer, a combination oven, a pizza oven conveyor, grills and other essential culinary tools.
The sale includes a lease agreement with a remaining term of eight years, ensuring secure tenure and uninterrupted trading. Additionally, ownership of the existing $500,000 worth of furnishing will be transferred after three years.
The premises are licenced, extensively fitted and strategically corner positioned for trading. 150 Seater. Overall, prospective purchasers are presented with a compelling opportunity to acquire a solid foundation for a successful food-service business venture.
Seize the opportunity to acquire this exceptional chattel acquisition prospect. Call Simon today!
Listing ID: ME02980
Broker: Simon Sheridan
Phone: 0400 858 900
Email: simon.sheridan@linkbusiness.com.au
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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