Licensed Mexican Bar and Restaurant – Docklands, VIC

(no street name provided), Docklands VIC 3008

$149,000 Includes Equipment + Stock

BusinessSize: n/a
Business ID: BS151432

Sales Averaged $15K Per Week Pre-COVID

The only Mexican Bar & Restaurant in the area, this popular licensed venue is on track to resume its healthy pre-COVID turnover. With limited trading hours at present – but still turning over $7k per week – there is plenty of potential to extend opening hours.

Business Highlights:

-Established July 2019 - Highly rated on Google
-Stylish interior - Fully equipped kitchen worth $70k
-Excellent premises in Collins St
-Lease 5 + 1 years - 3 years remaining
-Long-term budget-friendly suppliers
-Active Facebook and Instagram accounts
-Corporate customers at lunchtime - Residential customers living around Docklands and Melbourne CBD in the evening.
-Staff: 1 F/T, 3 P/T
-2 months’ training/handover
-Owner changing career

Currently only opening for lunch on weekdays – plus Thursday and Friday evenings – there is clearly great scope to extend opening hours during evenings and weekends. With more workers coming back to offices in the area, the current owner is confident turnover will return to its pre-COVID figures

This is a fantastic investment for someone seeking a fully supported business. Alternatively, you could change direction and create a whole new brand!

Docklands has become home to more than 17,500 residents and 73,000 workers since its inception in 1997 - attracting $14.6 billion of private investment. A natural extension to Melbourne’s CBD, Docklands is one of Australia’s largest urban renewal projects and will continue to evolve into the future.

Price: $149,000 Includes Equipment + Stock

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Key details

Property type:
Business

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SummaryMedian sales
Average Age
32 years
Population
15,495
Listing ID: 181018393. This listing has been viewed 0 times. It was first displayed on 30/09/2022 and last updated on 30/09/2022.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.