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Listing Id: 30147 Last Refreshed: 11/04/2024 Total Views: 478

Fully Managed Restaurant And Karaoke Bar In The Heart Of Box Hill

East Area, MelbourneKTVsAsian RestaurantsChinese Restaurants
Asking Price: $299,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type Commercial Street
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue $108,333
  • 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

N/A

Description

Well-established Restaurant and Karaoke Bar in Box Hill. Prime location on a busy commercial street with high volumes of foot and vehicle traffic for great visibility.

Amazing setup with a funky atmosphere, this is the restaurant with a point of difference.

Full commercial kitchen with charcoal setup for Chinese BBQ. The varied menu based on Chinese cuisine offers perfectly cooked, lamb skewers, chicken wings and grilled chicken. High profit and easy to operate, a great investment opportunity with solid potential to grow the business further!

7 days a week from 5 pm till midnight. Fully Licensed. Long lease 5x5x5 commenced 2021.

Setup is across 2 levels with 50 seats downstairs and 30 seats upstairs across 3 private rooms. High end Sonos sound throughout and great karaoke setup in the main room upstairs.

Private rooms are booked out every night.

* Prime busy location
* Large premises across 2 levels
* Taking $20,000-$25,00p/w
* 15 years long secure lease
* With full liquor license
* Fully under management
* Easy to operate
* High profit and Lots of potential

For further information please contact Senior Business Broker Petros Margaritis on 0416 000 154.

Ref: B14578

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