Buy Established Restaurant | Prime CBD Location – South West Region, Victoria
Food/Hospitality - Restaurant Businesses for Sale in VIC, Australia
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| Title: | Established Restaurant | Prime CBD Location – South West Region, Victoria | |||||||||
| ID Number: | 18686 | |||||||||
| State: | Victoria (VIC) | |||||||||
| Listing Type: | Businesses | |||||||||
| Categories: | Food/Hospitality - Restaurant | |||||||||
| Description: | An outstanding opportunity to acquire one of the region's best-known restaurants, operating successfully for over 30 years from a prime CBD location. Situated in the heart of a vibrant dining precinct, this well-established restaurant operates from a stunning heritage building and enjoys a loyal local following together with strong tourist trade from visitors travelling the Great Ocean Road. Under the same ownership since 2001, the business has developed an excellent reputation for quality dining, outstanding service and memorable functions. Business Highlights Established circa 1992 Current owner since 2001 Prime CBD location with excellent street exposure Seating for approximately 120 patrons plus 40 outdoor seats Large downstairs function room catering for 90+ guests Fully licensed restaurant Multiple income streams including restaurant dining, takeaway, delivery and private functions Online ordering and booking systems in place Delivery partnerships with Uber Eats and DoorDash Experienced team of full-time and casual staff Long-established supplier relationships Attractive long lease available Plant & Equipment valued at approximately $60,000 Stock at Value (SAV) The business is ideally suited to an owner-operator, hospitality group or investor seeking an established operation with proven systems, diverse income streams and a strong reputation. Opportunities of this calibre in the South West Region of Victoria rarely come to market. Business Price: $245,000 + SAV ABM ID#: 6489 |
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| Price: | $ 245,000.00 + SAV | |||||||||
| Stock Value: | Upon application | |||||||||
| Net Profit: | Upon application | |||||||||
| Turnover: | Upon application | |||||||||
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