Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Previously operating as a large Italian restaurant and bar, the venue has now ceased trading due to the vendor’s health, with the equipment and existing fit-out being offered for urgent sale.
With an estimated equipment value of over $400,000, the vendors are seeking just $88,000, creating an exceptional opportunity for an experienced hospitality operator looking to establish a new concept without the significant cost of purchasing equipment and fitting out a venue from scratch.
The premises are configured for approximately 110 indoor patrons and feature an extensive commercial kitchen, bar facilities and substantial hospitality infrastructure already in place.
KEY FEATURES:
• Equipment and fit-out sale only
• Estimated equipment value over $400,000
• Asking just $88,000
• Extensive commercial kitchen equipment
• Large restaurant and bar fit-out
• Approximately 110-person indoor capacity
• Existing bar and hospitality infrastructure
• Significant saving on replacement and establishment costs
• Suitable for a range of hospitality concepts
• Restaurant has ceased trading due to vendor health reasons
• Urgent sale with genuine vendor motivation
With significant infrastructure already in place and an asking price representing a fraction of the estimated equipment value, this is an opportunity well worth inspecting.
For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or chris@absolutebb.com.au.
Ref: B15138
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