New Fit Out & Lease - Bar & Bistro In Hip Location

Located in a 100-year-old modernist building overlooking Taylor Square, this modern Mediterranean restaurant is ready for immediate operation. It features a brand-new, stylish fit-out, a well-equipped kitchen and bar, and ample storage space.

Key Highlights:

• Brand New Fit-Out
• Prime Location
• New Lease Until 2038 (5+5+5)
• No Outgoings
• Asset Sale Only
• Free Outdoor Seating Area (no council fees)
• On-Premises Liquor License

Lease Details
5+5+5 commenced August 2023

Premises Details
Approx. 85 square meters in total, including storage (12 square meters)

Staff Details
Two full-time, multiple casuals

Opening Hours
Monday Closed
Tuesday Closed
Wednesday 4:30 - 11 pm
Thursday 4:30 - 11 pm
Friday 12 - 11 pm
Saturday 12 - 11 pm
Sunday 11 am - 4 pm

Opportunity
Currently operating as a restaurant that blends Italian and Greek cuisine, offering dishes like fluffy focaccia with house-made dips, delicate veggie options, and signature spaghetti with Alaskan king crab and chili. This concept can be continued or entirely reimagined.
This is a unique opportunity for a savvy operator to take over a fully fitted restaurant in a prime location, with the flexibility to implement their own business strategy.
This is an asset sale only: No financials are available, Priced on brand new fit-out and equipment.

** Weekly**
Coffee Sales This is an asset sale only: Priced on brand new fit-out and equipment
Sales $10,000-$12,000 on average
Rent $1,730 plus GST
Wages $3,500 on average