Desirable lease on busy Mt Eliza Strip | High Exposure, Attractive Terms
Summary An opportunity for a new owner to take over a secure lease in a busy strip of shops in Mt Eliza. Owner must sell as they are relocating.
About the Business
Lying on a busy strip on Ranelagh Drive, Mt Eliza in a highly sought-after location is this restaurant looking for a new owner to continue as is or expand to a 150 seat restaurant. The restaurant has seating capacity for 50 seats currently, with an opportunity to expand to 150 seats and comes with $60k worth of commercial equipment and furnishings.
Key features ? Busy hot-spot in Mt Eliza with high foot traffic ? Suitable for 491 Visa seekers ? Would suit owner operator
Financials ? 1+3 year lease remaining with ability to extend further ? Current takings $10k a week in sales ? $60,000 worth of commercial equipment & furnishings included in sale ? $85k + GST annual lease
Please contact Asif for further information
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