Food, Beverage & Hospitality business for sale in Port Philip City Council - Greater Area VIC
- Food, Beverage & Hospitality
- Port Philip City Council - Greater Area VIC
- $99,000 negotiable
SOLD - Elegant Restaurant Business For Sale
This charming, elegant restaurant business for sale only blocks from the beach in idyllic Albert Park, offers a top location with parking & public transport to the door, surrounded by a great combination of residences & shops.
Quality restaurant, well targeted to the affluent, social lifestyle focused population. High exposure location on a major road to the beach from the city & easily accessible.
- The business has been established a year, already taking $8,000 per week & showing continuous growth
- Premises only fitted out a year ago & the whole place including kitchen is in pristine condition! Seating 35 inside & 12 outside, the shop includes a spacious kitchen in immaculate condition & a cool room
- The premises have been tastefully decorated with simple elegance and well laid out to make the most of the space, further seating could be added
- Liquor licence in place
- Well staffed with 2 full timers, 1 part timer & 1 casual. Vendors work full time, one of them is a chef. This is ideal for a chef although they have chefs on staff, in order to make the most of the profits this would be best suited to an owner operator
- The business prides itself on serving a range of quality meals of Italian influence, baking their own bread & curing their own meat
- Long lease of 4x5x5 with rent of $1,060 per week
- Open 6 days, only open evenings on Monday & open from 12pm-3pm for lunch Tues to Sat, then open again from 5.30pm to 9.30pm for dinner
For further information, please contact Senior Business Broker Petros Margaritis on 0416 000 154.