Popular Bar/Restaurant in Ripponlea Great Ratings

Available for acquisition is this well-regarded bar restaurant in Ripponlea, known for its authentic wood fired pizza and vibrant atmosphere. It has cultivated a spectacular reputation due to its impeccable premises, great staff, and the sociable crowd it attracts.

*$260,000 annual takings
*$93,428 annual net profit
*5+5 year lease commenced September 2024
*$4,756 Monthly Rent

This thriving venue operates as a bar restaurant, with the majority of sales coming from the bar. It also hosts live music every Friday, Saturday and Sunday night, making it a popular spot for locals and visitors alike.

Operating evenings only, there is significant potential to expand by opening during the day or extending trading to seven days a week.

The premises can seat 70 patrons inside and out and is fully equipped with everything needed for smooth operations, including a commercial kitchen with a cool room and a traditional wood fired pizza oven.

The business is run by an owner-operator supported by three part-time staff. In addition to dine in and takeaway, deliveries are available through third-party apps.

To learn more about this exciting opportunity, contact Ken Bouchebli today!

Listing ID: ME03150
Broker: Ken Bouchebli
Phone: 0406 966 455
Email:  [email protected]