5 Days Restaurant Bar, South Yarra, Under Manage, Ta $50k Pw

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South Yarra, Victoria 3141

$550,000 + SAV

Key Features

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High-foot-traffic South Yarra hospitality precinct location
Fully under management with experienced professional team
Liquor licence capacity for 150 patrons
Approximately 100 indoor and outdoor seats
High-value fit-out and equipment in excellent condition
Function area with front and rear outdoor seating

Turnover: $50,000 per week
Rent/Lease: Reasonable rent, approximately 6.5% of sales; long secured lease with approximately 13 years remaining
Established: Established 7 years under the same ownership

Business Details

Business Category Alcohol Liquor Shop Cafe Restaurant

Prime Restaurant & Bar in one of South Yarra's most popular hospitality precincts

- Excellent high-foot-traffic location

- Strong $50,000 weekly takings

- Fully under management - owners primarily look after accounts

- Established 7 years under the same ownership

- Reasonable rent for such location and premises size (approx. 6.5% of sales)
- with Long Secured Lease in place (approx. 13 years remaining)

- Liquor licence capacity for 150 patrons
- & Seating capacity approximately 100

- High-value fit-out & equipment, all in excellent condition
- Indoor seating, outdoor rear & front seating, function area

- Experienced and professional team in place

Opportunity:
- Excellent opportunity for an experienced owner-operator
- Great potential to improve operations, product quality & service
- Further marketing and hands-on involvement could also drive sales & profitability

Asking Price: $550,000

For more information on this unique opportunity, contact Sam Vasli from Expert Business Brokers.
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