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Bars & Nightclubs business for sale in Melton

  • Bars & Nightclubs
  • Melton VIC 3337
  • 420000 plus stock

Bar/Restaurant for Sale

Bar/Restaurant for Sale
Fully licenced Restaurant with a large separate function and party area. Commercial kitchen, good-sized cool room, and preparation area, sitting capacity, approximately 175. Standard business sponsor (SBS) approved. Great location. Advance bookings for functions and parties; most occasions, festivals, and live events are fully booked. It costed around $380,000 to set up this large area that has separate seating for a restaurant and a function area. Chattels are valued at around $150,000/-. The current gross weekly sales range between $16,000 and $18,000. The restaurant floor area is approx. 248 square metres plus a function room (approx. 100 square metres). Heaps of car parking. This restaurant is part of a famous shopping centre located outside and has a separate entrance.

Business Highlights:
Income from the bar
Income from dine-in
Income from functions, parties, and events
Income from catering
Income from deliveries Uber, Menu Log, and Door Dash
Liquor licence for 175 patrons, Monday through Sunday, 9:00 a.m. to midnight
Assets/Chattels valued approx.150,000/-
The setup costed around $380,000.
Gross sales of $708,640.10 for the year ended June 2022
Current gross weekly sales are between $16,000 and $18,000.
Offering trials and training
Base Monthly Rent is $8,442.58 plus GST
Monthly Outgoings, Promotion Contribution $2265.48 plugs GST
The new lease began on January 27, 2021, for seven years (until January 26, 2028).
Current Bank Guarantee of $32,376.51
The restaurant floor area is approx. 248 square metres plus a function room (approx. 100 square metres).
Standard business sponsor (SBS) approved.
Heaps of car parking
Possibility of adding live kebabs to the already-available provision
All systems and procedures are in place.
CCTV (Security system).
Trading hours:
The business's present trading hours are Mon to Fri 3:00 pm to 11:00 and Saturday Sunday 11:00 am to 11:00 pm. The trading hours can be extended, and it is permitted Monday through Sunday from 7:00 a.m. to 12:00 midnight.

For details, please fill in the non-disclosure form here https://www.businessbrokersvictoria.com.au/property/bar-restaurant-melton/
Feel free to contact:
Haider Sajjad Business Broker
Mobile: 0417786111, Phone 1300 313 110
Website: www.businessbrokersvictoria.com.au
Disclaimer:
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Business Highlights

Business ID2018455173
Floor AreaAsk Business Broker
Category
Last updated  20 Oct 2023
Map for Melton VIC 3337
Map for Melton VIC 3337Melton VIC 3337

Business Highlights

Business ID2018455173
Floor AreaAsk Business Broker
Category
Last updated  20 Oct 2023
Business Brokers Victoria
Exchange Tower Level 1/530 Little Collins St Melbourne VIC 3000

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