UNDER OFFER Busy Bar/Restaurant in the Affluent South Yarra Area. $195,000 (16418)

Price

$195,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne, South Yarra

Category

Food/Hospitality, Restaurant

Listing #

ME01909

South Yarra Restaurant Business for Sale
South Yarra Restaurant Business for Sale

About this business for sale in Melbourne, South Yarra

Serving up cheese, wine, cocktails, share plates and good times, this beautifully fitted and fully licensed bar/restaurant has been immaculately designed and is sure to impress even the fussiest of buyers.

Strategically located on the corner of one of the busiest roads in South Yarra, the business is in extremely close proximity to Chapel Street and experiences endless amounts of passing traffic daily. Surrounded by many successful hospitality and retail outlets, and with several public transport options nearby, the business is easily accessible to all and can’t be missed!

The 85sqm premises is fully equipped and fitted, including modern marble counter tops, multiple display fridges, a full bar, and seating for 38. The business also holds three separate liquor licenses for on premises, takeaway, and online purchases.

Key features include:

*Taking $13,000 per week
*Open 5 nights per week, closed Monday and Tuesday
*5 nights, Short Hours Prominent corner location
*Affordable $1,404 rent per week
*Secure 10 year lease
*Easy operation
*Endless growth potential
*$200,000 set up

For more information please contact Gerry Morelli from LINK on the below:
Phone: 0417 353 120
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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