Spanish Inspired Restaurant/wine Bar In Melbourne's Eastern Suburbs $235,000 (16521)

Business For Sale Hawthorn, Victoria 3122

Business Category Restaurant



Spanish Inspired Restaurant/wine Bar In Melbourne's Eastern Suburbs $235,000 (16521)

This is a rare opportunity to acquire one of Melbourne's most popular wine bars/restaurants at a bargain price!

Strategically located on a busy main road shopping strip in a booming affluent area, this double fronted wine bar and restaurant holds fantastic street exposure and benefits from enormous rates of passing foot and vehicle traffic from the nearby University, surrounding residential properties, and several public transport options within walking distance. The prominent position is one of the most desired in the area and is sure to impress even the fussiest of buyers.

Currently focusing on Spanish tapas and top quality wine, the beautifully fitted 208sqm premises is absolutely stunning and must be seen. With a full bar at the front of the restaurant, a commercial kitchen, a fire place, large banquette seating, a spacious walk in coolroom, combi oven, a wine cellar, and plenty of storage space, the business is fully equipped and ready for a fresh new owner to come in and push it to it's full potential.

Key features include:

*Taking $21,000 per week
* Have a direct client base of about 400 customers
*Open 5 days per week for a great work life balance
*Short hours, 5pm-11pm
*Very reasonable rent for the area at $1,365 per week
*11 Year lease remaining
*Immaculate fit out costing in excess of $400k plus
*Prominent high exposure location
*Plenty of customer parking
*Huge potential to increase takings

For more information please contact Nick Kolaitis from LINK on the below:

Additional Details

Price: $235,000
State: Victoria
Net Profit: $3,900
Contact Seller

Bsale ID: 582662
Broker REF: 16521.2

Link Business Melbourne
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