enquiry@klemms.com.au      + (61) 3 9819 4211

Business Display

BAYSIDE ITALIAN RESTAURANT - LONG EST (4749)

SOLD

VICTORIA

BAYSIDE ITALIAN RESTAURANT - LONG EST (4749)

HUGE CONSISTENT TURNOVER, BEAUTIFUL BUSINESS, BAY VIEWS

* Consistent turnover above $2mil p/a
* Architecturally designed rooms give the guests a feeling of expectation
* Classic menu and good food which is well cooked
* Semi-managed with Chef and Manager wishing to stay on
* Long lease terms with fixed rent over the next two years
* Current rent at 6% of turnover

Well-appointed kitchen which flows well through. Weeks of turnover exceeding $80,000 p/w. 2 rooms for private parties and small weddings. Bay views are a major feature. On-premise licence until 1am. This venue can return higher figures simply by using the licence. All paperwork ready showing impressive returns. Price $499,000. For further information contact Daniel on 0405 340 690.

Business Snapshot

Price: SOLD Takings: $38,000 p/w

Listing ID: 4749

Overview

  • Listing ID 4749
  • Status Sold
  • Location VICTORIA
  • Price SOLD

SOLD BY

Daniel Osinga

Business Links / Tools

  Contact Us
  Klemms Business Brokers

551 Glenferrie Rd
Hawthorn VIC 3122

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