Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)
Melbourne
$898,000
Food/Hospitality
This is an extremely rare opportunity to own an iconic piece of Melbourne’s history! Established over 150 years ago in 1860, this gorgeous pub has long provided Melbournians with a local place to meet up, catch up, celebrate and commemorate with a fine glass and a good plate.
The large double story premises has been fully refurbished, however still displays all it’s original stonework and unique arched windows, all while providing a modern and inviting ambiance, making it the perfect space for casual drinks, dinner, and functions. Consisting of an award winning set up including a full commercial kitchen, new bathrooms, a huge bar downstairs and seating for over 400, the space is extremely versatile and the possibilities ae endless.
Key features include:
*Taking $25,000 per week with huge potential to increase
*3am Liquor license
*Open 7 days per week
*Prime corner location off a busy main road in Port Melbourne
*Huge street exposure, well known destination
*$2,892 Rent per week
*Excellent 20 year lease in place
*Semi managed
*Surrounded by cafes and key retail outlets
For more information please contact Ross Morelli from LINK, formerly Klemms on the below:
Phone: 0417 112 911
Email: ross.morelli@linkbusiness.com.au
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*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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