Essendon, Victoria 3040

Iconic Restaurant in Prime Essendon Location, Asking $398,000 (15820)

For Sale | $398,000

Restaurant Takeaway Food

TICKS ALL THE BOXES! Located in Melbourne's upmarket suburb of Essendon, this incredible business is profitable, is fully equipped and there is plenty of room to grow.

Positioned in a high exposure location which sees heavy foot traffic day and night. Based on a 275sqm premise, this superb business showcases a wide triple fronted shop with state-of-the-art remote operated outdoor heating and seats up to 150 inside and out. This fantastic restaurant includes an extensive equipment list with a full commercial kitchen, combi wood-fire pizza oven, walk in cool-room, walk in freezer, 2 deep fryers, X2 4 burner stove tops, dishwasher, numerous fridges and POS systems.

With a current turnover in excess of $1,900,000 per annum, this restaurant offers potential to increase already high takings by introducing marketing, as well as hosting functions in the upstairs area.
This is the perfect opportunity for an entrepreneurial owner operator who is looking to take advantage of this already successful business!

Features of this magnificent restaurant include:
*Taking approx. $37,000 p/w
*High exposure location
*Heavy foot traffic position
*Ample customer parking
*Triple fronted shop
*Seats up to 180 customers
*Upstairs function area
*Remote operated outdoor heating
*Full equipped with wood-fire oven, full commercial kitchen & much more!
*HUGE potential
*Introduce marketing & functions
*Liquor licence until 11:00 pm (Monday-Friday)
*Liquor licence until 1:00 am (Saturday-Sunday)
*Secure lease
*Affordable rent
*Strong profits

Location: Essendon Melbourne Victoria
Category: Restaurant Take-away Function Food & Beverage Pizza

For more information contact Jim Papas from LINK, formerly Klemms on the below:
Phone: 0414 653 638
Email: jim.papas@linkbusiness.com.au

Business Snapshot

Price: $398,000 Lease Options: Lease: 5+5+5+5+5 / Lease Commencement: 2011 / Security Depsoit: 2 months

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Jim Papas

LINK, formerly Klemms

Overview

This Restaurant Business is one of 100 businesses for sale in Footscray, Victoria, and one of 18 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Footscray for the asking price of $398,000 and has been on market for less than 3 months.