STUNNING WATER VIEWS
Located on the banks of the Yarra this casual restaurant and bar is an institution in Melbourne, specialising in amazing fresh seafood along with a delicious selection of modern Australian dishes.
The venue is well known for its relaxed atmosphere and its ability to cater for both the casual as well as the fine dining market. With its bright red beanbags on the riverfront, to its napkin lined tables and table service inside the restaurant, this venue caters for all diners. It also offers a great range of sit down and canape function packages and can comfortably seat 60 inside and 60 patrons outside.
The venue has featured in Time Out, Urbanlist, Age Good Food Guide, Broadsheet and has a great social media presence. This business model is highly profitable and simple to run. Inspect today and settle in time for the busy warmer months ahead.
To inspect call or text Michael TODAY on 0423 287 048!
Average weekly sales $22,000 – higher in summer
Net profit $156,000 p.a
Stunning riverside location on the banks of the Yarra
Open Tuesday – Sunday 11am – 11pm (closed Monday)
Seats 60 inside and 60 outside with water views
Easy to operate venue with simple menu
Current owner has had it for 3 years
Fully equipped kitchen and bar, walk in freezer and cool room
“Café & Restaurant” liquor license for 120 patrons
All equipment fully owned and included in the sale
Financials available for qualified buyers
LEASE AND RENT:
Term: 9.5 years remaining on current lease
Current weekly rent: $1,663.00 + GST approx.
Rent reviews: 3% p.a
PRICE $250,000 + Stock
To inspect call or text Michael @ jbb on 0423 287 048