Business For Sale

Restaurant and Bar Business for Sale Port Melbourne - Port Melbourne

  • B12991 - 1
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Property ID : B12991

Business For Sale Price on Application - Restaurants
$8,000 pw Turnover$7,500 pcm Rent8x8Business Broker – Chris Panagiotidis Print

This Restaurant, Cafe and Bar Business for Sale occupies an outstanding location in the heart of Port Melbourne – a high density residential area and a Major dining and entertainment area of Melbourne. It is just one road back from the foreshore. Has plenty of parking in front of the shop.

The restaurant has a large dining room with seating capacity of 48 inside and seating for a further 12 outside. Perfect for groups and parties and is very family friendly. Has a full commercial kitchen and a cool room. Has a bar and is Fully licenced until 11pm (to 12pm on Saturdays and Sundays).

Open 6 days: Tuesday and Wednesday for dinner only and open for lunch and dinner on Thursdays to Sundays.

The owner works in the business with help of 2 full time staff and 2 part time staff.

Established 4 years the business has a solid turnover of $8,000 per week. Rent of $7,500 per month for a large premises in a central location with secure lease of 8×8.

There is huge potential to increase turnover by opening for breakfast!

Makes a good investment as it can easily be run under management, as there are experienced staff in place. Equally as good for an owner operator who wants to be hands on in the business.

Well worth inspecting.

For more information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos on 9566 7300 or via email on elle@absolutebb.com.au

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Agent Business Broker – Chris Panagiotidis

business broker
  • Office : 9566-7300
  • Mobile : 0433-582-533
  • Fax : 9561-4400

Member of REIV, IBBA, M&A Source Chris Panagiotidis has had an impressive track…
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