Just Business Brokers

LANDMARK RESTAURANT – LT COLLINS ST CBD

LANDMARK RESTAURANT – LT COLLINS ST CBD

Nestled amongst the CBD’s legal district you will find this little gem. The venue oozes with style and charm, refined décor and a level of authenticity which separates this place from its peers. The open plan space offers an intimate dining area featuring a large marble bar. The menu consists of simple dishes done well so the flavours shine and the buzzing atmosphere of the venue gives the place a sense of true authenticity, personality, character yet not pretentious. The staff pride themselves on creating delicious quality food backed by great customer service.

The venue is also the perfect sized space to hold functions and private parties for up to 80 patrons. Along with its general liquor licence this business is arguable one of the most exciting and lucrative CBD opportunities on the market.

Check it out, call Michael TODAY to arrange your inspection on 0423 287 048.

BUSINESS HIGHLIGHTS:
Average weekly sales of $20,000
Net Profit of $3,000 p.w
‘General Liquor License’ for 80 patrons
Great CBD location on Little Collins Street
Recently renovated. $118,000 spent on new kitchen & front of house

BUSINESS STRENGTHS:
Run under management. However, opportunity for buyer to run it as owner/operator to significantly reduce wages
Great venue layout and easy to service Restaurant & Bar
Current owner has run it for 2 years
All equipment fully owned and included in the sale
Open for Lunch: Monday – Friday & Dinner: Tuesday – Saturday

LEASE AND RENT:
Term: 4 years remaining plus a 7 year option
Current weekly rent: $2,054 + GST approx.
Rent reviews: CPI annually

ASKING PRICE: $348,000 + Stock

Call Michael TODAY 0423 287 048 to inspect!

Address

 

Testimonials