Surrey Hills, Victoria 3127
$75,000
Key Features
AI generated. Contact seller to confirm.
- Beautifully renovated fit-out costing over $85,000
- Taking $11,000 per week
- Seats over 80 customers inside and out
- 11 pm liquor licence
- Short trading hours, nearly five hours daily, five days weekly
- Prime Surrey Hills location, high exposure
- Turnover: $11,000 pw
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: 2017
Business Details
Business Category
The venue offers excellent flexibility for an incoming owner, with the ability to change the existing cuisine to any alternative food concept, subject to the usual council and landlord approvals.
Currently operating as a well-established Greek Mediterranean restaurant, the business enjoys a strong local and online reputation for its high-quality, distinctive fare. Operating since 2017, it has become a favourite among locals, with limited direct competition in the surrounding area.
The business is easy to operate and highly profitable, making it ideally suited to purchasers seeking a reputable and thriving hospitality opportunity in a highly exposed location.
*Taking $11,000 PW
*$85,000 fit-out
*$250,000 worth of P&E
*Prime Location
*Short hours
*Office space available for use or rent out
*11 pm liquor license
*80 seats (inside and out)
It is a contemporary business that specialises in Greek Mediterranean cuisine with a loyal customer base positioned in an enviable, affluent eastern suburb.
It occupies a highly exposed location, surrounded by hospitality and specialty establishments, public transportation stations and other key suburb amenities.
It is exquisitely fitted with a full open commercial kitchen, a leafy rear courtyard function space, ample storage areas, toilets, private function rooms and a stunning, newly renovated fit-out costing over $85,000.
It also has seats for over 80 customers, making it the perfect venue for intimate events and functions.
The business has good systems in place and only operates nearly 5 hours, five days per week. Notwithstanding its successful trading history, it presents tremendous potential for further growth, needing only increased marketing or the extension of its trading days and hours.
Give us a call today to secure this solid business opportunity!
Listing ID: ME02323
Broker: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME02323
Timestamp: XXXXXXXXXX 0002
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