Revenue $ 1,250,000.00 + Annually
Price: $350,000.00 + SAV
This beautifully presented heritage style licensed restaurant and bistro is strategically located in the City of Bairnsdale occupying a fantastic corner position with huge exposure managed by a husband and wife team now moving on with other business interests.
The restaurant provides a unique setting by blending the heritage style building with a modern and casual fit out delivering the perfect option for intimate dining whilst delivering inspired settings for casual a la carte patrons and function bookings
The Old Grain Store can welcome up to 150 guests enjoying significant patronage from loyal locals, travellers and tourists, whilst the versatile layout of the premises caters for larger functions that includes local community and business gatherings, private functions, weddings, birthdays, anniversaries, engagements and other social gatherings as well as corporate conferences. This restaurant is beautifully presented providing patrons with everything expected from a hospitality experience making The Old Grain Store a much loved and highly patronised institution. Arguably the best dining experience in the region.
BUSINESS DETAILS
Mediterranean Cuisine with cuisine sourced from the freshest and best local produce
Annual Income exceeding 1.2m
Strong and consistent profits
Business strengths
Historic premises
Modern style fit out
Easily operated by owner/chef
RESTAURANT/CAFÉ AND BISTRO OPTIONS
Trading liquor license for 150 patrons until 11 pm
Forward function booking
Huge patronage loyalty
Growing residential tourist and commercial region
OPPORTUNITY DETAILS
Bairnsdale is a beautiful regional town that has everything to offer, being close to the beach resorts of Lakes Entrance, Paynesville and Metung offering a wonderful lifestyle. Bairnsdale also has everything you would expect from a regional town with Hospital, excellent colleges and schools plus a daily train service to Melbourne. The major department stores have all come to join the growth that include Bunnings, Harvey Norman, Dan Murphy's Liquor Store, Harris Scarfe and K.Mart with Cotton On and other major retailers looking to centralise in the town evidencing a vibrant growing and affluent region.
The vendors having successfully operated the business over the past years and are motivated sellers being ready to move on creating an opportunity for an experienced hospitality minded buyer/chef having a budget of $350k to capitalise on this opportunity.
Financial Details on Application.
Finance available to an approved purchaser
To make an enquiry on this recommended regional restaurant please contact Select Business Brokers as detailed.
