Link Business

Bentleigh's Best Bar & Restaurant At A Bargain Price $59,000 (15863)

Listing: #ME01355
price

$59,000

Profit

Refer to Broker

sales

$390,000

industry

Bentleigh

Industry

Food / Hospitality


Simon Mostafa

Broker | Melbourne (formerly KLEMMS)

Simon Mostafa

simon.mostafa@linkbusiness.com.au

+61 3 9819 4211

+61 409 777 888


About this Business for sale in Bentleigh

Bentleigh's Best Bar & Restaurant At A Bargain Price $59,000 (15863)

Huge opportunity to secure one of the best Bar/Restaurants in the booming south eastern suburbs!

The newly fitted out 90sqm premises screams potential with the use of high end fixtures, fittings, furniture and a large commercial kitchen looking out to the dining room. The business is well known among the locals in the area for its inviting ambiance and relaxed feel which compliments the Mediterranean menu.

Strategically located under a large apartment block on the busiest main road in Bentleigh, the Bar/Restaurant experiences high volumes of passing traffic and is surrounded by supermarkets and other key retail outlets. It is also very popular with the parents from the kids play centre next door.

Key features of this business include:

*Taking $8,000 per week
*Open 6 days per week, closed Monday
*Cheap $639 rent per week
*Long 13 year lease in place
*High exposure main road location
*Ample parking available
*Quality fit out
*Can be converted to any type of cuisine if desired
*Seats 44 in and out

This business will absolutely thrive in the hands of an experienced operator!

For more information please contact Simon Mostafa from LINK, formerly Klemms on the below:
Phone: 0409 777 888
Email: simon.mostafa@linkbusiness.com.au

Melbourne (formerly KLEMMS)
simon.mostafa@linkbusiness.com.au
+61 3 9819 4211
+61 409 777 888

Simon Mostafa

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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.