melbourne@linkbusiness.com.au      + (61) 3 9819 4211

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Iconic Restaurant Turning Over $3M P/A, Asking $1,350,000 (15807)

$1,350,000

Iconic Restaurant Turning Over $3M P/A, Asking $1,350,000 (15807)

Full Managed, 20 year lease, Very profitable business

Rare opportunity to purchase an iconic restaurant in Melbourne’s stunning Bayside. Situated amongst the hustle and bustle of one of Melbourne’s biggest tourist & hospitality hubs.
This superb location sees HEAVY foot and car traffic, so you can rest assured there will NEVER be a dull moment!
Taking up to $90,000 per week in the summertime and up to a $45,000 in winter, this fantastic restaurant is currently run fully under management, with all systems in place.
Even more profitable if run by an owner operator!

Features of this iconic restaurant include:
*Taking approx. on average $55,000 p/w
*Iconic Bayside location
*VERY heavy foot traffic
*Run fully under management
*HUGE profits
*Seats up to 78 inside & 62 outside
*$3 million turnover per annum
*VERY secure 20-year lease
*VERY affordable rent of $1,540 p/w
*Liquor licence

Location: Bayside – Melbourne – Victoria
Category: Restaurant – Take-away

For more information contact Gerry Morelli from LINK, formerly Klemms on the below:
Phone: 0417 353 120
Email: gerry.morelli@linkbusiness.com.au

Business Snapshot

Price: $1,350,000 Takings: $55,400 p/w

Listing ID: 15807

Overview

  • Listing ID 15807
  • Status For Sale
  • Location ST KILDA
  • State Victoria
  • Price $1,350,000

BROKER CONTACT

Gerry Morelli
  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