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Well Known Restaurant/Bar In South Melbourne. THE BEST DEAL OF 2020! $245,000 (15985)

$245,000

Well Known Restaurant/Bar In South Melbourne. THE BEST DEAL OF 2020! $245,000 (15985)

Finalist in the London Design Awards.

Take advantage of these tough times and get into a brilliant business for just pennies in the dollar! Simply boot the business back up and burst into 2021!

Meatworks Co is a well established, reputable smokehouse bar and grill, screaming with potential. The beautiful 230sqm premises is a converted 1930's motor garage, refurbished and set up to perfection including a brand new fit out, a full commercial kitchen, seating for up to 100 guests, and an 11pm liquor licence. There is also a stunning 100sqm rooftop terrace which can be used to take advantage of the amazing city views. The state of the art premises was a finalist in the London Design Awards and must be seen to be truly appreciated.

This smokehouse bar and grill is located in the affluent city fringe suburb of South Melbourne, and is within easy reach for locals and tourists alike. The business is surrounded by key amenities, is in close proximity to several public transport options, and experiences large rates of passing traffic daily.

Specialising in low & slow smoked meats, pulled pork, pork ribs, chicken, beef ribs & the best smoked wagyu brisket in Melbourne, the business is extremely popular with locals and sees many returning on a regular basis. They offer a brilliant selection of Australian wines including their own wine label, spirits, craft beers, and of course cocktails.

Key features include:

*Taking $19,000 per week
*Very low rental at $847 per week
*Full liquor licence for 100 guests
*Secure 20 year lease in place
*Currently trading only 4 nights per week
*Established business with a steadily growing turnover
*No expense spared, nothing to spend
*Booming locality of residential apartments & commercial office towers
*Large open plan venue, ideal for functions
*Rare warehouse style space in quickly expanding area
*Outstanding reviews for food and service on all social media platforms
*Explosive potential to capitalise on expansion

For more information please contact Ahmet Ali from LINK, formerly Klemms on the below:
Phone: 0400 650 770
Email: ahmet.ali@linkbusiness.com.au


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Business Snapshot

Price: $245,000 Takings: $19,000 p/w

Listing ID: 15985

Overview

  • Listing ID 15985
  • Status For Sale
  • Location SOUTH MELBOURNE
  • State Victoria
  • Price $245,000

BROKER CONTACT

Ahmet Ali
  Contact Us
  LINK Business Melbourne

551 Glenferrie Rd
Hawthorn VIC 3122

Tel : + (61) 3 9819 4211
Mail : email enquiry
Business Hours : M-F 9:00 - 5:00