Bar/Restaurant for Sale
Fully licenced Restaurant with a large separate function and party area. Commercial kitchen, good-sized cool room, and preparation area, sitting capacity, approximately 175. Standard business sponsor (SBS) approved. Great location. Advance bookings for functions and parties; most occasions, festivals, and live events are fully booked. It costed around $380,000 to set up this large area that has separate seating for a restaurant and a function area. Chattels are valued at around $150,000/-. The current gross weekly sales range between $16,000 and $18,000. The restaurant floor area is approx. 248 square metres plus a function room (approx. 100 square metres). Heaps of car parking. This restaurant is part of a famous shopping centre located outside and has a separate entrance.
Business Highlights:
Income from the bar
Income from dine-in
Income from functions, parties, and events
Income from catering
Income from deliveries Uber, Menu Log, and Door Dash
Liquor licence for 175 patrons, Monday through Sunday, 9:00 a.m. to midnight
Assets/Chattels valued approx.150,000/-
The setup costed around $380,000.
Gross sales of $708,640.10 for the year ended June 2022
Current gross weekly sales are between $16,000 and $18,000.
Offering trials and training
Base Monthly Rent is $8,442.58 plus GST
Monthly Outgoings, Promotion Contribution $2265.48 plugs GST
The new lease began on January 27, 2021, for seven years (until January 26, 2028).
Current Bank Guarantee of $32,376.51
The restaurant floor area is approx. 248 square metres plus a function room (approx. 100 square metres).
Standard business sponsor (SBS) approved.
Heaps of car parking
Possibility of adding live kebabs to the already-available provision
All systems and procedures are in place.
CCTV (Security system).
Trading hours:
The business's present trading hours are Mon to Fri 3:00 pm to 11:00 and Saturday Sunday 11:00 am to 11:00 pm. The trading hours can be extended, and it is permitted Monday through Sunday from 7:00 a.m. to 12:00 midnight.
For details, please fill in the non-disclosure form here https://www.businessbrokersvictoria.com.au/property/bar-restaurant-melton/
Feel free to contact:
Haider Sajjad Business Broker
Mobile: 0417786111, Phone 1300 313 110
Website: www.businessbrokersvictoria.com.au
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