Upmarket Restaurant/Bar in Inner North Melbourne - Ref: 17226
Takings: $45,000-$50,000 pw approx
• This attractive restaurant has two separate sections including upstairs fully renovated modern bar facilities.
• Specialise in Western food and has many bookings for functions. Total capacity of 300 seats including function section.
• Convenient car parking spaces near to the restaurant. 6 days operation, starts 5.00p.m (only Sunday Lunch and Dinner service)
• Vendor predicts turnover for next financial year $2,500,000 (including function income)
• Annual rent is $140,000+GST with 5x5x5 years long lease options
• Strictly confidential sale, buyer must sign confidentiality agreement before getting further information.
• Vendor is expecting $995,000.00 or near offer
Asking only $785,000
For more information about this listing, please contact the agent below:
Mobile: 0450 824 492
First Choice Business Brokers
Level 1, 532 Station Street, Box Hill
Phone: (03) 9899 1888
Fax: (03) 9899 4888