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Restaurant business for sale in Benalla

  • Restaurant
  • Ellagoose Restaurant & Function Centre - Business & Freehold Benalla VIC 3672
  • $1,210,000 (GST na)

Licensed Restaurant & Function Centre - Business & Freehold

*Ideally located in Benalla's main shopping precinct
*Over 16 years of operation
*Recently renovated 3-bedroom apartment
*Potential for expansion by extended trading hours
*Caters for up to 60 diners in the restaurant and up to 140 patrons in three function spaces

EllaGoose Restaurant & Functions is a licensed restaurant and function centre ideally located in the main shopping precinct of Benalla. Situated just off the main street, the business occupies a large premises with fantastic exposure to passing traffic.

For more than 16 years, this locally owned and operated business has serviced Benalla and the surrounding area including the local tourist trade.

EllaGoose Restaurant & Functions specialise in delicious, modern Australian cuisine with a French influence. The good-sized restaurant can cater for up to 60 diners and for all types of events. There is a large private function room with its own bar that can seat up to 140 patrons. There are also two semi-private areas used for smaller functions. These can cater for up to 25 guests and are great for small get-togethers.

Upstairs, there is a recently renovated 3-bedroom apartment freshly painted throughout with new carpet and built in robes in all bedrooms. There are two living areas, new kitchenette, new bathroom with oversized shower plus laundry. The apartment has separate external access to Nunn Street and can be rented out separately if desired.

The business currently operates for 15 hours per week; with the restaurant opening Wednesday and Thursday evenings from 6pm 9:30pm and Friday and Saturday evenings from 6:00pm 10pm. Extending the trading hours or the introduction of Sunday trading would increase the potential to earn additional revenue.

There is further opportunity to grow the business within the functions trade. The current owner has focused mainly on the restaurant and recognises the potential to grow the business in this area.

Business Highlights

Business ID2018453451
Floor AreaAsk Business Broker
Category
Last updated  26 Apr 2024
Map for Ellagoose Restaurant & Function Centre - Business & Freehold Benalla VIC 3672
Map for Ellagoose Restaurant & Function Centre - Business & Freehold Benalla VIC 3672Ellagoose Restaurant & Function Centre - Business & Freehold Benalla VIC 3672
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Business Highlights

Business ID2018453451
Floor AreaAsk Business Broker
Category
Last updated  26 Apr 2024

Co-Brokers

Veronica Doxey
NAI Harcourts Rinnovate Business Brokers
Call
0408 362 299
John Evans
NAI Harcourts Rinnovate Business Brokers
Call
0417 668 508

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