Melbourne, MELBOURNE 3000
$230,000 plus SAV
Colin Crawford

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Wollermann & Associates
415 Canterbury Road,
Surrey Hills, VIC 3127

Melbourne, MELBOURNE 3000

Food/Hospitality for sale

Melbourne, MELBOURNE VIC 3000

$230,000 plus SAV

Business Details

City Restaurant & Bar (CCF43)

Located in the heart of Melbourne's CBD in Kings Street

Easy walking distance from a vast majority of hotels and motels that refer tourists and business customers

Restaurant / cafe area - seating 55, stairway to second floor seating 30, function room area seating 80 to 100 people. TOTAL 180 seating capacity

Fully equipped kitchen with cool room and freezer

2 bars fully equipped with fridges

Low rental - long lease available to approved purchaser

Plant and equipment replacement value est. $200,000

Sales turnover $10,000 per week

Fantastic value - plant + equipment worth $200,000

Priced to sell at $230,000 + stock

An excellent opportunity for the go-getter restaurateur

Current business established for 7 years

Huge potential to increase lunch and function room business

Established network of business referrals

Nothing to spend on equipment

Easy to operate

Secure your future with this well positioned, easy to operate hospitality business with huge upside potential.

Priced to sell due to a partnership dispute at $230,000 plus stock at valuation.

For further information please contact Colin Crawford on
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Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
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Wollermann & Associates
415 Canterbury Road,
Surrey Hills, VIC 3127

Phone: 03 9888 6488
Fax: 03 9888 4040

Colin Crawford
Phone: 0425 838 800

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