Price
$149,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Yarra City, Richmond
Category
Food/Hospitality, Restaurant
Listing #
ME03371
A genuine walk-in, switch-on hospitality opportunity in one of Richmond’s most tightly held dining strips. Currently a trading restaurant, this venue is offered strictly as a chattels sale and the vendor requires a sale.
Key highlights:
*Two-level hospitality venue with dual commercial kitchens
*Full liquor licence to 11pm with food and operational licences in place
*Extensive plant & equipment package including grills, ovens, refrigeration and bar infrastructure
*Seating for approximately 96 patrons across indoor and outdoor areas
*Secure 5 + 5 year lease with competitive rental terms
*Prime Richmond location surrounded by established operators and constant foot traffic
*High-income, high-spend local and destination demographic
Why this matters:
– The replacement cost of this fit-out today would be substantial!
– Skip months of build time, approvals and capital outlay!
– Launch immediately with a proven physical footprint in a highly sought after location!
Vendor instructions are clear:
– This business must be sold
– Priced to move and open to serious, immediate discussions
Ideal for experienced operators, investors or groups seeking a ready-to-trade venue in a blue chip hospitality precinct.
Serious enquiries only. Opportunities like this do not last.
Listing ID: ME03371
Broker: Nadia Polzella
Phone: 0417 641 990
Email: [email protected]
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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