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Listing Id: 30891 Last Refreshed: 12/02/2024 Total Views: 473

Fully Licenced Restaurant In Busy St Kilda Area For Sale

Melbourne City, MelbournePizza RestaurantsWestern Restaurants
Asking Price: $65,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental $3,455
  • Rental Desposit N/A
  • Revenue $19,500
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Personal 

Description

This fully licenced restaurant for sale is very well located in the busy St Kilda area - a well-known dining precinct. Just a few doors down from a tram stop and a busy intersection, it is very easily accessible by both tram and train.

Currently selling Italian cuisine, but the menu can be changed to suit a new owner/operator.

This business takes advantage of numerous businesses in the area, particularly the Town Hall and is surrounded by large residential areas.

A boutique restaurant, it has seating for 25 inside and 4 outside, with further seating for 10 in an inside back area. Perfect size for an owner/operator looking to run a small restaurant.

Well fit out with a commercial kitchen, coolroom and bar, it is fully licenced to 11pm.

Currently trading 6 nights a week Wednesday to Sunday 5pm to 9pm, with later close on Thurs, Fri and Sat. Partnered with numerous food delivery platforms. There is ample opportunity to trade for business lunches and take advantage of the close proximity to the Town Hall.

Current owner works short hours in the business with 2 part-time staff.

Turning over approximately $4,500 per week on average with rent of $3,455 per month including GST. There is a secure lease of 3x3x3 which commenced in March 2023.

Take advantage of this excellent St Kida location, call today to organise an inspection.

For more information and to organise an inspection contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B14637

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