LINK Business Brokers Australia

About this Business for sale in Melbourne

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.

Listing: #ME01609
Price: $300,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Retailer
*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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You may also be interested in...

Stunning Daytime Cafe Run Fully Under Management. Icon in the Area $898,000 (16643)

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Stunning Cafe Oasis in the Heart of Richmond $189,000 (16652)

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Antepia Sweets and Cafe $148,000 (16656)

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