Bbq High End Restaurant 40h/week Operations - 150k Vendors Loan

Karingal Centre, Victoria 3199

$220,000

Key Features

AI generated. Contact seller to confirm.

  • High weekly sales volume
  • Labour costs 15–20% of revenue
  • Vendor loan available up to $150,000
  • Fit-out and equipment owned valued ~ $600,000
  • 180-seat capacity with upscale ambience
  • Central kitchen model enabling scalability
  • Turnover: $25,000 - $30,000 weekly
  • Net Profit: Not disclosed
  • Rent/Lease: $180,000 per annum; lease 4.5 years remaining
  • Stock Value: Not disclosed
  • Established: Not disclosed

Business Details

Business Category Restaurant

1. Financial Snapshot & Lease Details

Vendor Finance: Vendor loan available up to $150,000 to approved buyers.

Weekly Sales: $25,000 - $30,000

Labor Costs: Exceptionally low at 15–20% of revenue (driven by central kitchen support).

Rent: $180,000 per annum (includes outgoings and GST).

Lease Terms: 4.5 years remaining with the potential for extension.

Fit-Out & Equipment Value: ~$600,000 (All equipment is fully owned; no equipment contracts).

Trials are welcome.

2. Operating Hours (Highly Efficient)
Currently operating just 6 days a week with evening-only trading, offering massive lifestyle appeal for an owner-operator or immediate upside for expansion:

Monday: Closed

Tuesday to Friday: 5:00 PM – 9:00 PM

Weekends: 4:00 PM – 9:00 PM

3. The "Central Kitchen" Advantage (The Profit Engine)
This business is not burdened by traditional, high-cost prep. It leverages a central kitchen model that provides unparalleled operational benefits to the Frankston site:

Slashed Labor Costs: Prep is virtually eliminated on-site, allowing you to run the floor with a Main Chef, a Shift Supervisor, and Junior staff.

Trouble-Free Rostering: Hiring is fast and cost-effective as specialized BBQ skills are not required on-site, minimizing the impact of dropped shifts.

Quality & Consistency: Guarantees uniformity in the final product, ensuring high-quality meats with advanced food safety standards.

Purchasing Power: Bulk purchasing yields significantly lower ingredient costs.

Reduced Overheads: Drastically lowers utility costs (gas, water, electricity) and minimizes food waste at the restaurant level.

Effortless Scalability: Allows your on-site team to focus entirely on customer service and guest experience rather than backend prep.

4. Venue & Culinary Infrastructure
Designed for upscale yet casual dining, the space is built to impress and engineered for volume.

Capacity: 180 seats featuring high-quality furniture, an upscale ambiance, and an exterior covered seating area.

The Fire & Smoke Setup: 2 hand-made firepits, a custom smoke pit equipped to host spits, and a 2-level firepit for authentic live charcoal/wood flame grilling.

Kitchen & Bar: A fully equipped commercial kitchen supported by two separate exhaust systems, plus a fully scaled and equipped bar.

Systems: Running seamlessly on ToastPOS.

5. Marketing, Reputation & Demographics
Customer Database: 5,000+ local, highly engaged contacts captured from bookings.

Stellar Reputation: 1,000+ Google Reviews holding a strong 4.6-star rating.

Event Destination: Frequently booked out for functions, birthdays, and anniversaries. Always at full capacity on key hospitality dates (Mother’s Day, Father’s Day, Valentine’s Day).

Marketing ROI: Immediate, high-impact market response to social media and promotional content.

6. Licensing & Compliance
Liquor License: Fully licensed for 180 patrons, serving until 1:00 AM.

Food License: Class 2 Food License.

Clean Record: Fully compliant with all health/safety regulations. ATO and Super contributions are completely up to date with zero legal disputes.

7. Immediate Growth Opportunities & New Revenue Streams
The foundation is laid, but the ceiling is still high. A new owner can immediately activate multiple untapped revenue streams:

Foot Traffic Boost: The upcoming Village Cinema renovation will drive a massive surge in local precinct traffic.

Expanded Trading Hours: Reintroduce the highly successful buffet breakfast, or open for lunch and late-night bar service.

Delivery & Dark Kitchens: UberEats and delivery platforms have not been fully utilized. The kitchen is perfectly primed to operate a mainstream BBQ ghost kitchen.

Retail & Merchandising: Huge potential to sell proprietary 2ELEMENTS sauces, rubs, and premium raw BBQ meats (briskets, ribs, tomahawks) direct to the consumer.

What's Nearby

Make an Enquiry
  • Private Seller

Bsale ID: 659839

wait whilst email sent

Thank you, your enquiry has been sent now.