Off Market Group is pleased to extend a unique opportunity to acquire Newstead's premier destination for bottomless brunch, drinks, and eats.
This exceptional restaurant, situated in the heart of Newstead Precinct, boasts a turnover of 2 million+, an expansive 338m² licensed area, and a full commercial kitchen. With nothing to spend and a 2+ million fit-out, this turnkey operation under management is ready for a motivated operator. Featuring an 18-year strong tenure lease, excellent exposure, and seating capacity for 150+, this prime location is priced to sell well below the replacement costs of the fit-out.
Seize this opportunity to own a thriving business in one of Newstead's most sought-after locations!
KEY HIGHLIGHTS:
Turnover 2 million +
Newstead Precinct Prime Location
Full Commercial Kitchen
338m2 Licenses Area
Under Management
18 years Strong Tenure Lease
2+ Million Fit Out
Turnkey Operation
Excellent Exposure
Looking for Motivated Operator
Price to Sell, Well Below Replacement Costs Of Fit Out
150 + Seating Capacity
Contact Leigh for more information about this property.
