Under Offer - Ms Carlisles - 1p5512

Business For Sale 137 Carlisle Street, Balaclava, Victoria 3183

Business Category

Leasehold $95,000


Under Offer - Ms Carlisles - 1p5512

You will find Ms Carlisles just on Carlisle Street in Balaclava not far from the Chapel Street Junction. It is easy to spot as the outside tables are always full and as you walk past you look in through the bifold windows to see if there is any space left for you because the venue has a loyal group of customers that never seem to leave.

There is footpath trading to the front of the venue, from which you can look through the large open windows down right to the back of the venue. Along one wall is a long bar , well designed with some unique bar fittings. Varied seating throughout caters for small groups and couples. The backlit, wall recessed wine racks are visually impressive and is a great way to check out the wine list. To the rear of the venue there is a well equipped commercial kitchen and cool room. To the rear of the venue is a 30 seat park let area set up in Dianella Lane.

Ms Carlisles has new lease of twelve years made up of 3+3+3+3. Rent including GST comes in at $1600 a week. There is restaurant and cafe licence until 1am with a good capacity of 115. The venue is in very good condition with an extensive fixture and fittings list. There is a Lion Nathan beer contract in place that the vendor will need to transfer.

The venue has recently changed hands with the intention of it being run under management. This has not worked out and the vendor whom has other venues spent too much time on this venue and so neglected his others. So the vendor has decided to sell the business walk in walk out. There is a full set of financials though up to February and the venue has bounced right back since the restrictions were lifted. Ms Carlisles suits an owner operator taking over a business where all the hard work has been done, the fit out, menus, reputation, staffing, suppliers etc etc.

The asking price is considerably lower than the vendor paid for the venue at $95,000 for this exclusively listed venue. This is an exceptional opportunity ready for someone to just walk in and take over.
Other Features / Notes
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Bsale ID: 578102
Broker REF: 1P5512

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