For Sale $295,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

VIC

For Sale $295,000

Business Details

Restaurant - Modern Mediterranean Cuisine - Melbourne North East

\nRestaurant - Modern Mediterranean Cuisine - Melbourne North East - Agent SBX Code Number: GVM1008

Modern Mediterranean restaurant with seating for 70 inside and outside. - Specialises in traditional Mediterranean cuisine and has a wood fired pizza oven. - well known for their souvlaki. - Impressive commercial kitchen. - B.Y.O.

Potential
Could open for lunch as currently only opens for dinner. - Would suit any cuisine.

Features
Recently renovated - Very modern. - Well established business - Trading short hours.

Premises
Large modern premises.

Location
Situated in Eastern Suburbs of Melbourne in very busy shopping centre close to main street and car park.

Trading Hours
6 days - Tues. - Sun. - 5 p.m. - till 10.00 p.m. - Closed Mondays.

Lease
5 + 5 + 5 year lease - (3 years into the first 5 years of the lease + 2 x 5 year options.

Employees
2 owners + casuals

Figures
Weekly Sales $10000
Rent (ex GST) $1131
Wages $2300
Profit $3685

Agent SBX Code Number: GVM1008 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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Enquire

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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