Rodolfos - 1p5890

There really is only one thing to do after the commute home when you get off the train at Ormond. That's to head straight in to Rodolfos for a bite to eat and drink. The place has undergone a huge transformation in the last few years to create a real destination venue.

With the venue split in to two levels, initially there is the front bar downstairs with its pub feel, small stage for the Friday night bands and a ten tap font showcasing many beers to quench everyone's thirst. At the rear of the venue is a function/band room that can seat forty for comedy gigs or functions. It has its own bar and toilet. In-between the two bars is a large fully equipped brand new commercial kitchen with its associated walk in cool room and another room adjacent that is a prep and serving area. Upstairs is the tequila bar again with a ten tap font. For those that do not want to sit at the bar a door leads out to a covered, heated roof top deck. It's a great place to relax any time of the week. Also upstairs are the main set of toilets, a pool table room and the venue office. Outside there is footpath trading for ten.

Rodolfos has a General Licence, on premises till 1am, off premises till 10pm and a capacity of 92. There is a long sixteen year lease made up of 4+6+6 with rent coming in at $1950 a week including GST. Note the landlord is prepared to negotiate a possible rent reduction on transfer. The venue is in excellent condition with all refurbishment done in the last three years, with an extensive fixtures and fittings list and no equipment or supplier contracts being transferred.

Rodolfos is being run under management at the moment by a small hospitality group. However, the income does not make that format viable, and it therefore needs to be taken over by an owner operator who can then generate very good income from the three bars. The venue has an excellent location, new fit out with everything set up for any new operator to go in with their concept and make things happen. The business is being sold on a walk in walk out basis with no books. So the vendors are only looking for offers in the region of $95,000 (Price Reduction) for this exclusively listed opportunity.