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UNDER OFFER Modern Mexican Restaurant Run Under Management $89,000 Buy all 4 for $349k (16597)

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Price

$89,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Food/Hospitality, Retailer

Listing #

ME02087

Kristy Kolaitis

Business Broker
Melbourne
+61 3 9819 4211
+61 421 136 415
kristy.kolaitis@linkbusiness.com.au

About this business for sale in Melbourne

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 spacious 108sqm premises has been extremely well equipped and fitted costing the existing Vendor in excess of $250,000 to fit out. The sleek layout showcases trendy industrial light fittings, high quality timber counters, a full commercial kitchen, plenty of storage space, seating for 50 inside and a further 15 on the footpath out the front, and even has rear access to the premises.

Perfectly positioned on a busy main road in the heart of Werribee, 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!

Key features include:

*Taking $8,000 per week
*Open 7 days per week, short hours
*Run fully under management
*Affordable $730 per week rent
*Secure 10 year lease
*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
Email: kristy.kolaitis@linkbusiness.com.au

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Kristy Kolaitis

Business Broker
Melbourne
+61 3 9819 4211
+61 421 136 415
kristy.kolaitis@linkbusiness.com.au

*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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