, GLEN WAVERLEY 3150
Contact Agent
Michael Dillon

View phone number

Just Business Brokers. Com
2/48 Easey Street,
Collingwood, VIC 3066

GLEN WAVERLEY 3150

Food/Hospitality for sale

GLEN WAVERLEY VIC 3150

Contact Agent

Business Details

HIGH PROFILE RESTAURANT - GLEN WAVERLEY

Sales of $45,000++ & Net profit of $13,000++ a week

This restaurant is situated in the hub of the eatery precinct of the South Eastern Suburbs, if not the entire Melbourne Metro Area. The venue is a trendy and unique space, with a soft warm glow about it. The décor is modern and spacious with concrete floors, chandelier lighting, dark wooden furnishing and a big, colourful wall mural highlighting the space. This fabulous light filled space is perfect for venue for any occasion. Adequate parking can be found along the shopping strip and down nearby side streets, along with easy access to the venue via public transport.

This restaurant is truly a well hidden GEM in the South Eastern Suburbs, an area that is notorious and famous for its Asian dining. It is here that one may be surprised to find such a fine dining experience like this with a stunning menu inclusive of Latin American/Hispanic inspiration.

The restaurant only seats 50 inside & 10 outside so it is an extremely manageable size for any budding restaurateur, but that doesn’t stop the venue doing some seriously BIG numbers! In excess of $45,000+ in sales a week and $13,000 of that in NET PROFIT & that’s without the VENDOR working in the restaurant AT ALL! So imagine what you could do with this place?

Opportunities to get into such a successful restaurant like this do not come around often, so pick up the phone & CALL Michael on Click to call and arrange your inspection TODAY!

BUSINESS HIGHLIGHTS:
Weekly sales in excess of $45,000++
Net profit $13,000++ per week
Under FULL management
Premier restaurant in the busiest Café, Bar & Restaurant strip in South Eastern Melbourne
Business includes full parking overlay levy in excess of $200,000 paid in full
Once in a Blue Moon do businesses in this street come on the market

BUSINESS STRENGTHS:
Open for lunch & dinner 7 days
“Restaurant & Café” Liquor license till 1am
Seats 50 inside & 10 outside
Booked out for dinner 85% of the time
The business comes with all of its trademark recipes

LEASE AND RENT:
Term: 5 years (1 year remaining)
Further terms: Five (5) years
Current Rental: $6,411.00 p.c.m + GST
Rent reviews: 5% fixed with no market review
120 sq meters of space
Lease includes 2 car parks
Extra lease terms available (for qualified purchasers)

EQUIPMENT:
1st class fit out, no expense spared
All equipment fully owned & included in the sale
Full commercial kitchen with walk in cool room
Full POS system & online booking system

FINANCIALS:
Full Financials available following onsite inspection

FUTURE OPPORTUNITIES:
Open for breakfast
Increase sales by introducing all day dining & coffee

Call Michael to inspect TODAY Click to call!

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
 1 of 1 photos 

Enquire

Just Business Brokers. Com
2/48 Easey Street,
Collingwood, VIC 3066

Phone: 0409 965 540
Fax: 03 8695 0025

Michael Dillon
Phone: 0423287048
Mobile: 0423287048

Enquire about this business:

I would like to:

Tools