Waterfront Restaurant, Bar and Functions Venue in Docklands. $429,000 (16096)Listing: #ME01591
About this Business for sale in MelbourneWaterfront Restaurant, Bar and Functions Venue in Docklands. $429,000 (16096)
This immaculate 700sqm venue is sure to impress even the fussiest buyers!
Perfectly positioned on the busy promenade facing the water in the heart of the Docklands shopping and dining precinct, this business experiences large rates of foot traffic from both the residential and commercial properties in it's surrounds. Strategically located next door to a large car park the business benefits from free parking after 6pm and is in extremely close proximity to a large loading bay.
Predominately acting as a bar/nightclub, the beautifully fitted premises boasts a full commercial kitchen, 3 bars, offices, a separate pavilion and sky bar, seating for 375 inside and another 100 outside, plus much much more. The business is a well known, go to destination in the area, especially in the summer months as it serves up gorgeous bay views.
Key features include:
*Taking $20,000 per week
*3am Liquor license
*2 nights only
*Low operating costs
*Semi Under Management
*Brilliant fit out
*Good lease in place
*Currently trading Thursday-Saturday 3pm - 3am, for functions only
For more information please contact Nouha Mohtadi from LINK, formerly Klemms on the below:
Phone: 0411 755 568
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+61 3 9819 4211
+61 411 755 568
*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.