Under Offer - Fully Equipped And Ready To Go Restaurant (chattel Sale) $69,000 (16731)

Balaclava, Victoria 3183

SOLD

Key Features

AI generated. Contact seller to confirm.

  • $150K worth of Plant & Equipment
  • 50 inside / 8 outside seats
  • 110sqm premises
  • Commercial kitchen and bar
  • Walk-in cool-room
  • Competitive rent of just over $1K per week
  • Turnover: Not disclosed
  • Net Profit: Not disclosed
  • Rent/Lease: 3+3+3+3+3 year lease (12 years remaining)
  • Stock Value: Included
  • Established: Not disclosed

Business Details

Business Category Cafe Restaurant

If you have been looking for beautiful premises in an upscale suburb, secured by a long and affordable lease, where you can create your own Hospitality concept this is the opportunity for you!

• $150K worth of Plant & Equipment
• 3+3+3+3+3 year lease (12 years remaining)
• $1,066.15 Rent PW
• 50 Inside / 8 Outside Seats
• 110sqm premises

Nick and Kristy Kolaitis, together with the team at LINK, are excited to bring to the market a terrific acquisition opportunity.

Situated in an upmarket area of Melbourne, with high levels of disposable income, this venue was previously operating as a Japanese Restaurant but is now being sold for considerably less than the value of its Plant & Equipment!

Encompassing an area of approximately 110sqm, the premises feature a commercial kitchen, bar and a walk-in cool-room and it allows for 50 inside seats as well as 8 outside seats.

No expense was spared when setting up the place with an estimated $300K spent to make it look…. Stunning!

Its spectacular position is secured by a long lease with 12 years remaining and a competitive rent of just over $1K per week.

So…. Are you looking for a bargain business buy? Look no further!

Listing ID: 16731
Broker: Nick Kolaitis and Kristy Kolaitis
Phone: + XXXXXXXXXX 9 / XXXXXXXXXX (Nick) / XXXXXXXXXX (Kristy)
Email: XXXXXXXXXX / XXXXXXXXXX

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

To complete an online confidentiality agreement, visit this business and enquire now at: XXXXXXXXXX

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

What's Nearby

Contact Seller
LINK Business Melbourne LINK Business Melbourne

Bsale ID: 591751