Fully Managed Iconic 300-seater Restaurant & Function Venue For Sale - Melbourne’s Thriving Western Suburb

Business For Sale Melbourne, Victoria 3000

Business Category Alcohol Liquor Shop Cafe and Coffee Shop Restaurant

$720,000 To $750,000

Description

Fully Managed Iconic 300-seater Restaurant & Function Venue For Sale - Melbourne’s Thriving Western Suburb

Calling All Restaurateurs & Hospitality Visionaries!

Achiever Business Brokers proudly offers a golden opportunity to own a highly sought-after restaurant and function venue in a bustling shopping center. This venue combines a vibrant restaurant, café, bar, and function venue - all under one roof!

Key Highlights:

- Revenue: FY24 turnover - $1.8 to 1.9 million + Catering Income

- Generous Seating: 300-seat capacity with modern fit-out and elegant décor.

- Prime Location: Strategically located in a busy shopping center with ample parking.

- Fully Equipped Kitchen: Spacious commercial kitchen with a walk-in cool room and separate prep/wash area.

- License: 7-day license for up to 300 patrons, operational until 1 AM.

- Long Lease & Spacious Premises: Secure lease in place with reasonable rent—spacious 535 sqm premises.

- Strong online presence- 4.4 Star Google Rating, 2.1k Facebook followers, 2.7 followers on Instagram, well-designed website

- Currently Under Full Management - Managed by a full-time manager, 2 supervisors, 3 chefs, Part-time and casuals, ensuring smooth, simple operations.

- Function Venue - 300 Parton licensed venue, ultimate place for parties and functions, plenty of car parks, always advanced booking in place for celebrations.

Why Invest?

- Ready to Operate: Million-dollar fit-out with no further investment required.

- Strong Online Presence: 4.4 Google rating, 2.1k Facebook followers, and 2.7k Instagram followers.

- Advanced Bookings: Popular venue for celebrations and events with consistent bookings.

- Fully Managed: Experienced team in place, including a manager, supervisors, chefs, and casual staff.

- Versatile Appeal: Suitable for owner-operators or investors seeking strong ROI.

Don’t miss out on this rare opportunity! For more information, contact Achiever Business Brokers and take the first step towards owning this fully managed, income-generating business.

Note: Detailed financial information will be provided to qualified buyers upon signing a Non-Disclosure Agreement (NDA).

This business is exclusively listed with Achiever Business Brokers.

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Disclaimer: The information in this advertisement is what has been disclosed to Achiever Business Brokers by the vendor. Achiever Business Brokers cannot guarantee and are not liable for the information provided by the vendor. Achiever Business Brokers strongly advise that any prospective purchaser do their due diligence to verify the sales and financial performance of this business along with consulting with their professional advisors before committing to any purchase of the business.

Property Code: 349
Contact Seller
Paras Nagpal

Bsale ID: 654341
Broker REF: achiever_49_349

Achiever Business Brokers
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