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Bar / Restaurant
Location: Australia -> Melbourne
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Bar / Restaurant

Large Venue CBD Melbourne

Location Close to Highly Popular Hardware Lane Precent

To arrange an Inspection please call Ian Clapham on - 0418 515 434

Or Please Read on �

Quick Snapshot of this Business �

� Licensed Restaurant Seats 100 inside & 16 on Street
� Restaurant operates Monday to Friday Lunch Time Only
� Business Caters to a huge Lunch Time Corporate Client
� Ideal for any Type of Function
� Restaurant and Cafe with Liquor Alcohol Licence 7.00AM � 11.00PM
� Ideal to turn into Bar Lounge at Night - STCA

Business Strengths -

� Highly Profitable Restaurant Business in Central Melbourne
� Very Consistent Trading Figures
� Current Owners for 7 years
� Restaurant started 1990
� Simple to Operate Business
� Exceptionally Good Return
� Opportunities like this No Not Come along Often
� Very Low Operating Cost
� Rent is Approx $1250 per week plus GST
� Current Lease 7 years plus Option 5 plus 5 year
� This Business would Suit Owner Operator(s) Partners
� Very Good Family Business

All Documentation including Tax Returns / Financials / Equipment List Available

Owners Want to Sell � Price Negotiable

Price $400K Negotiable

Current Owner Selling to Retire

This Business would Suit Owner Operator(s) � Good Family Business

For further information or to arrange an inspection please contact

Aussie Business Sales

Business Broker Ian Clapham

Mobile : 0418 515 434

NOTE - Photos are generic and products displayed are not produced by the business.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $500,000
Cash Flow:   $350,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1990
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Owners want to retire / move on

Photos

View Larger Photo(s) Of Business
Bar / Restaurant Photo 1




Print Listing Id: 700183708


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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