Located in a bustling and vibrant spot in the ever popular Prahran, this busy restaurant & bar is iconic within the inner suburbs. With a contemporary menu and bespoke cocktails, not to mention a cosmopolitan covered beer garden and karaoke room, this venue is decked out for all occasions.
The décor is sleek, cool and trendy, spread over 400m2 of prime commercial real estate. With an “on premise” liquor licence for 250 patrons also make this venue ideal for private functions and large group bookings. Put simply, this place is great to dine, drink, dance or chill out whilst listening to some of the best beats in town.
This venue is a must inspect for any genuine hospitality buyer looking to purchase before summer.
Call Marc TODAY on 0412 359 907 and settle in time for the money making months ahead.
Sales of $850,000 p.a (2017/18) with projected sales of up to $1,000,000 for 2018/19
Net profit for 2017/18 of $250,000 after vendor wages, on track for up to $300,000 2018/19
On premise liquor Licence for 250 patrons until 1am – 7 days
DA is for 330 patrons with ability to increase to 499 patrons until 3am
Under full management
Large fully equipped commercial kitchen including walk in cool room & freezer
1st class fit out, no expense spared on equipment and design
Massive media exposure and recognition
Three fully operational bars
Full function and event packages
Open Monday – Thursday 5pm – 11pm (Licenced till 1am)
Open Friday – Saturday 12pm – 1am (did not trade for lunch until 14/09/2018)
Open Sunday 11am – 4pm (did not trade Sundays until 25/08/2018)
Seven undercover secure car park spaces attached with the lease. Three are currently leased out at $50 each per week.
CATO car park to open May 2019 adding 500 undercover car spaces only 100metres away
EXPRESSIONS OF INTEREST INVITED
To inspect call or text Marc on 0412 359 907
* Due to confidentiality generic photos may have been used in this advertisement