Successful Mexican Restaurant

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Melbourne, Victoria 3000

$240,000 + SAV

Key Features

AI generated. Contact seller to confirm.

Prime inner-northern Melbourne location, 7km from CBD
80 seats across four seating areas, incl. function rooms
Trading five days a week, four hours nightly (owner choice)
Semi-under management; owners attend casually
Fully licenced restaurant with front liquor bar
Long lease with clean liveable two-bedroom apartment upstairs

Turnover: Not disclosed
Net Profit: Not disclosed
Rent/Lease: 15-year lease; Rent $725 per week (after upstairs income)
Stock Value: Included
Established: Over 10 years

Business Details

Business Category Restaurant Takeaway

Well-established and successful Mexican restaurant

- Established for over 10 years
- Prime location in an inner-northern suburb of Melbourne, just 7km from CBD
- Situated on a high-traffic main road in a trendy suburb of Victoria
- Trading only 5 days a week and 4 hours a night (owner's choice)
- Running Semi-under management with owners casual attendance
- Fully licensed restaurant with a front liquor bar
- Well-set up and decorated, with 80 seats across 4 seating areas (inc. function rooms & backyard)
- Commercial kitchen with walk-in cool-room and all necessary facilities
- Long Lease of 15 years
- Reasonable rent inc. a clean and liveable 2-bedroom apartment upstairs with separate entry
- Rent after upstairs income: $725 per week

With huge Potentials of Growth
- if run by a more involved owner-operator in either sections (kitchen or FOH)
- days and hours to be extended to 6 or 7 days a week to increase the sales by up to 50%
- or extending to longer hours each day (ie. Lunch time)

Selling due to owner's other business involvements

Asking price: $240,000

PLEASE CONTACT "SAM" FOR MORE INFORMATION ON THIS BUSINESS.

M. XXXXXXXXXX
E. XXXXXXXXXX

(Please note, the photos in this Ad are not necessarily the business photos, and are used for illustration purposes only)