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Food, Beverage & Hospitality business for sale in Elsternwick

  • Food, Beverage & Hospitality
  • Elsternwick VIC 3185
  • $355,000 (GST na)

THE ONE - Local Institution $395,000

Phone enquiries - please quote property ID 26726.

After over 15 years, this Bayside institution is offered for sale for the first time.

It has an outstanding reputation with regular repeat customers coming from near and far, and importantly, it has remained profitable even during Covid lockdowns.

Recently renovated, this local favourite is located in a prime position, close to cinemas, transport and surrounded by new apartment developments.

The restaurant includes two commercial kitchens with quality brand name appliances, a high quality designer fitout, strong social media presence, online reservations, online ordering, and an excellent POS infrastructure.

Key features of the business include:
* Taking $20,000 per week over 5 short nights
* Huge opportunity for growth with expanded trading days/hours
* Seats 90 inside (including 50 person separate dining area) and 12 outside
* Affordable rent at $1295 per week
* 5 years remaining on lease with further options
* Run semi under management
* Easy, high margin menu
* Fully licenced with extra liquor licence for take away and delivery.

For those wanting to take on a more hands-on role, you'll enjoy a substantial boost in income from a reduction in wage expenses.

The successful purchaser will be given full training, support and assistance for an extended handover period if required.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

No Agent Property - VIC
No Agent Property
No Agent Property - VIC
No Agent Property

Business Highlights

Business ID2017098321
Floor Area200m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  28 Jun 2021
Map for Elsternwick VIC 3185
Map for Elsternwick VIC 3185Elsternwick VIC 3185
No Agent Property - VIC
No Agent Property
No Agent Property - VIC
No Agent Property

Business Highlights

Business ID2017098321
Floor Area200m²
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  28 Jun 2021
No Agent Property
Suite 1a, 608 Hawthorn Rd Brighton East VIC 3187
No Agent Property - VIC
No Agent Property
No Agent Property - VIC
No Agent Property
No Agent Property - VIC

No Agent Property - VIC

No Agent Property

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