Victoria
$245,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Prime CBD location with excellent street exposure
- Operates from a heritage building
- Seating for approximately 120 patrons plus 40 outdoors
- Large downstairs function room catering for 90+ guests
- Fully licensed with multiple income streams
- Online ordering and delivery partnerships (Uber Eats, DoorDash)
- Turnover: Not disclosed
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Included
- Established: Circa 1992; over 30 years; current owner since 2001
Business Details
Business Category Restaurant
An outstanding opportunity to acquire one of the region's best-known restaurants, operating successfully for over 30 years from a prime CBD location.
Situated in the heart of a vibrant dining precinct, this well-established restaurant operates from a stunning heritage building and enjoys a loyal local following together with strong tourist trade from visitors travelling the Great Ocean Road.
Under the same ownership since 2001, the business has developed an excellent reputation for quality dining, outstanding service and memorable functions.
Business Highlights
Established circa 1992
Current owner since 2001
Prime CBD location with excellent street exposure
Seating for approximately 120 patrons plus 40 outdoor seats
Large downstairs function room catering for 90+ guests
Fully licensed restaurant
Multiple income streams including restaurant dining, takeaway, delivery and private functions
Online ordering and booking systems in place
Delivery partnerships with Uber Eats and DoorDash
Experienced team of full-time and casual staff
Long-established supplier relationships
Attractive long lease available
Plant & Equipment valued at approximately $60,000
Stock at Value (SAV)
The business is ideally suited to an owner-operator, hospitality group or investor seeking an established operation with proven systems, diverse income streams and a strong reputation.
Opportunities of this calibre in the South West Region of Victoria rarely come to market.
Business Price: $245,000 + SAV
ABM ID#: 6489
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