Business For Sale

SOLD – Tapas Bar Business For Sale StKilda - St Kilda

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Property ID : B11956

Businesses Sold 125,000 - Bar
$7,000 pw Turnover$5,300 pcm Rent5x5x5Business Broker – Chris Panagiotidis Print

Business for Sale Tapas Bar  –  Situated in downtown St Kilda, this boutique Tapas Bar knows that sharing is caring! Every dish here is designed to be enjoyed by everyone. If you are the sort of person who always knows what they are having, then this business is just perfect for a new upcoming chef who wants to showcase his menu.

The business has been running for 7 years with the current owner operating for the past 8 months. The owner is selling because he ventured into this business by himself and has not had the capacity to keep the business running to its full potential with front of house. If you are looking for a bar that you can purchase at a great price and have the extra hands behind you to make this business shine then organising an inspection or booking a table for dinner is something that you need to do as opportunities like this do not come often.

The owner has worked in internationally renowned brands like Starwood & IHG as Executive Chef and Group Executive Chef for many other stand alone Resorts and Hotels. The online reviews for this tapas bar have been flooding the online and social media market with an excellent reputation to all the locals and general public. This would be a great business to start up and be in one of Melbourne’s sought after positions.

The owner has told me that due to his work load and lacking the support that he needs, he is motivated to SELL.  All offers will be presented to him and will be sold to the highest bidder.

  • Turnover of  $7,000 per week
  • Rental is at $5,843 per calendar month inc gst
  • Lease is for  15 years, set at market review each 5 year term . 
  • Liquor Licence till 11pm
  • With a 75 seating capacity and private courtyard

This business also includes a 2 bedroom residence upstairs allowing you to live in the trendiest part of Melbourne. It holds all that one could expect of a fresh, hip and sophisticated urban restaurant/bar.

For further information contact agent on 9566 7300

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    Agent Business Broker – Chris Panagiotidis

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

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