Good Love St Kilda - 1p5919

Business For Sale 2/56 Acland Street, St Kilda, Victoria 3182

Business Category Alcohol Liquor Shop Cafe and Coffee Shop Restaurant

Leasehold $75,000

Description

Good Love St Kilda - 1p5919

On the Paris end of vibrant Acland Street facing O'Donnell Gardens you'll find Good Love, at the centre of everything in St Kilda. The vendor is a seasoned hospitality professional who decided to do his own thing and open a late night eatery with an environmental conscience concentrating on the vegan community. Judging by the lively vibe and great reviews it seems to have worked very well.

There is a beautiful set up with a large footpath trading area at the front of the venue for thirty which is a hit with the people watching locals. Then heading up the steps is the terrace with a communal triangular bench. Inside the bar enjoys a rather pink vibe. There is a long bar down the right hand side with varied seating throughout including a communal table. Throughout are stripped back walls, lots of pink paint and booth bench seating accompanied by repurposed wooden pillars from the old Port Melbourne pier. To the rear of the venue there is a tidy commercial kitchen, toilets and storage.

Good Love has a Restaurant and Cafe licence until 1am with an internal capacity of 72. There are ten years left on the lease made up of 2+4+4. Rent comes in at $1500 a week including GST. The venue comes with an extensive fixture and fittings list and there are no equipment or supplier contracts in place.

Good Love suits an owner operator that wants to take on an established venue. They can either continue with the popular Vegan theme or move in a different direction. Being in the centre of St Kilda with so much going on no matter what is done in this unique space there will always be a multitude of people wanting to visit. The venue is being sold with books that show enough income for a really good wage for any owner operator. The vendor is looking for offers in the region of $75,000, which at this price point makes it an ideal starter venue for someone wanting to take it on.
Other Features / Notes
A:LEASEHOLD, B:CAFES, B:HOTEL/BAR, C:VIC - Melbourne
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Bsale ID: 631841
Broker REF: 1P5919

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