Fitzroy, Victoria 3065

Amazing Opportunity, Restaurant Under Management $299,000 (14904)

For Sale | $299,000

Food/Beverage Restaurant

FOR FURTHER DETAILS ON THIS BUSINESS TEXT NADIA "SMITH STREET RESTAURANT" ON 0480 265 814 TO RECEIVE AN ONLINE CONFIDENTIALITY AGREEMENT, FOLLOWED BY AN INFORMATION MEMORANDUM, FINANCIALS & 3D VIRTUAL TOUR OF THE PREMISES.

*PLEASE NOTE, ALTHOUGH COVID-19 HAS IMPACTED THE HOSPITALITY SECTOR, THIS IS TEMPORARY AND ONLY FOR A SHORT PERIOD OF TIME DURING LOCKDOWN. BRAND NEW OPPORTUNITIES AT NEVER SEEN BEFORE PRICES AWAIT.*

This is an opportunity of a lifetime for a purchaser to secure an under management, Collingwood restaurant making genuine profits!
An amazing 20-year lease is in place, the business boasts 65 seats internally and 12 outside.
An added bonus is two function room which seats up to 30 people at any given time but can easily be combined into a 60 seater dining room or host up to 100 people cocktail.
Business trades for 5 dinners and 3 lunches per week.

Features of this fantastic restaurant include:
* Takings approx. $34,000 p/w
* Incredibly secure lease
* Strong social media presence
* 2 private function rooms

For more information contact Nadia Polzella from LINK, formerly Klemms on the below:
Phone: 0417 641 990
Email: nadia.polzella@linkbusiness.com.au

Business Snapshot

Price: $299,000 Lease Options: 5+5+5+5

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Contact


Nadia Polzella



Marketing By


Nadia Polzella

LINK, formerly Klemms

Overview

This Food/Beverage Business is one of 88 businesses for sale in Preston, Victoria, and one of 1 Food/Beverage Businesses in this region that a business for sale currently has on offer. This Food/Beverage Business is for sale in Preston for the asking price of $299,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..