An Upscale Bar & Restaurant Taking $28,000 per week $239,000 | (16888)
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(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

Inspections

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Key details

Property type:
Business

Other Details

LINK VIC TAS GROUP

Property history

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Eltham suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
45 years
Population
18,847
Listing ID: 182093674. This listing has been viewed 0 times. It was first displayed on 16/11/2023 and last updated on 22/12/2023.
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