An Upscale Bar & Restaurant Taking $28,000 per week $239,000 | (16888)
(no street name provided), Eltham VIC 3095
$239,000
BusinessSize: n/a
This business is an upscale restaurant and bar offering high-quality modern Australian dishes paired with gold-standard customer service. It is a well-established operation in one of the most exclusive suburbs in the northeast of Melbourne, which incoming owners could easily convert into a concept that fits their lifestyle. It has been operating for over 25 years, making it the ideal acquisition for any purchaser seeking to run a successful and profitable long-term operation.
*Taking $28,000 PW *15-year lease *Indoor and al fresco dining *$160,000 worth of P&E *4.7/5 Google rating *Loyal customer base
Alam El Basha and the team at LINK Melbourne are thrilled to present a highly successful and profitable bar and restaurant to the market.
It is a longstanding, family-owned business offering contemporary and classic Australian fare, popular among locals and tourists in Melbourne's Northeast.
It is nestled within an upscale residential and commercial area, with access to major roads as well as plenty of street and private parking spots.
Its premises is well-maintained and immaculately fitted, comprised of a fully licensed bar, a spacious indoor dining area and an al fresco dining area.
If you're seeking to run a successful restaurant, there is no better suburb than this business's location. It has plenty of room for further facility development and could be renovated or converted into a new concept should the incoming desire to do so.
Inspection is highly recommended.
Don't miss out on this outstanding acquisition opportunity! Give me a call today for a no-obligation discussion.
Listing ID: 16888 Broker: Alam El Basha Phone: +61 3 9819 4211 / +61 407 990 000 Email: alam.elbasha@linkbusiness.com.au
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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.
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