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Restaurant for Sale South Melbourne

For Sale

Restaurant for Sale South Melbourne

Quick Snapshot of Business

Asking Price $179,000 – Inspect Make an Offer

  • Business Type: Restaurant for Sale in South Melbourne.
  • Location: Restaurant is located in South Melbourne.
  • Current Sales: Sales TBA
  • Rent: Rent Approx $1,560 per Week plus GST
  • Lease: Lease 3 x 3 years (approx. 7 years to go – 2023)
  • Liquor License: Liquor License for 128 Patrons
  • Extra Information: Large Restaurant on two Levels. Separate 40 Seat Function Room. Good Size Commercial Kitchen. Business Currently Operates 7 Days Per Week. Very busy location in South Melbourne. Currently Operates as a Licensed Korean Restaurant. Providing Lunch / Dinner. Current Owner want to sell Walk in Walk Out.

Restaurant for Sale South Melbourne

CURRENT TRADING HOURS

Monday Lunch 11.30 am to 2.30 pm & Dinner 5.50pm to 10.00pm
Tuesday Lunch 11.30 am to 2.30 pm & Dinner 5.50pm to 10.00pm
Wednesday Lunch 11.30 am to 2.30 pm & Dinner 5.50pm to 10.00pm
Thursday Lunch 11.30 am to 2.30 pm & Dinner 5.50pm to 10.00pm
Friday 7 Lunch 11.30 am to 2.30 pm & Dinner 5.50pm to 10.00pm
Saturday Dinner 5.50pm to 10.00pm
Sunday 8 Dinner 5.50pm to 10.00pm
(Except Public Holidays)

BUSINESS STRENGTHS

Liquor License for 128 Patrons
Very Clean Excellent near new Set up
Easy to Run Business by an Owner (s) & Part Time Staff
Long Lease Options Available
Reasonable Rent for Location
Full Lease Details – Readily Available

GREAT OPPORTUNITY

Ideal Family Business
Opportunity to Own Large Licensed Restaurant
A Must to Inspect

PLAN & LAY OUT

Current Plan & Lay Out Technical Drawings / Graphics Available

EQUIPMENT

Full Equipment List & Photos of Restaurant readily Available

VENUE SIZE

Approximately 240 Squares

RENT /OUT GOINGS

Rent Approx $1,560 per Week plus GST
Lease 3 x 3 years (approx. 7 years to go – 2023)
Security Deposit – One Months Rent
Seeking to Extend Lease for Longer Period
Out Goings Rates & Water Readily Available

SALES / FINANCIALS

Section 52 to be made Available
All Cash Business
Sales TBA

REASON FOR SALE

Owner moving overseas

SUITABILITY – WHO WOULD SUIT THIS BUSINESS

This Business would Suit Person with Restaurant / Cafe / Take Away / Food Service Experience

PRICE

Asking Price $179,000 – Inspect Make an Offer

To arrange an inspection please call Ian Clapham at Aussie Business Sales on 0418 515 434 or send an email to ian@aussiebusinesssales.com

Photos are generic and products displayed are not produced by the business. While the information in this advertisement has been prepared carefully it does not constitute any representation by the agent or vendor for information supplied – no guarantee is given. You should seek your own independent advice as to the accuracy of all information supplied.

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  • Business for Sale listed in Group Category: Restaurants

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