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PRESERVE KITCHEN – GLEN IRIS

PRESERVE KITCHEN – GLEN IRIS

Only open 30 hours a week – Strong profit – Good rent – this one HAS is all!

Fine food, quality wines, impeccable service and a friendly atmosphere make this iconic restaurant a favourite amongst lovers, families and friends. A gorgeous main dining room is complemented by a private function room and rear courtyard. The décor is in character and inspired by beauty, featuring lovely soft furnishings and lighting to fit the mood. Effortlessly elegant and understatedly chic, this place is made for socialising and intimate dinners. The menu reflects a love of modern Australian cuisine meshed with traditional international techniques and flavours.

Call Marc 0412 359 907 to INSPECT today!

BUSINESS HIGHLIGHTS:
Strong net profit of $215,000 p.a
Seating for 71 inside & 71 outside
“Café & Restaurant” Liquor licence until 11pm 7 days
Short trading hours – ONLY 30 hours a week
Great location with high exposure in the hub Glen Iris

BUSINESS STRENGTHS:
Trades 4 days – ONLY 30 hours a week
Approximately 75% of trade is dinner service
Excellent function room and rear courtyard with huge parking facilities (at rear of building)
Vendor will assist new owner (if required) with a paid handover/transition period of up to 12 months

LEASE AND RENT:
Commencement Date: 8th June 2016
Term: Three (3) years
Further terms: Two (2) more term each of three (3) years
Monthly Rent: $3,750 inc GST + Outgoings
Car parking facilities at rear of venue

POTENTIAL & OPPORTUNITY TO:

Increase trade & profit through extended trading hours and days
Increase marketing the venue to increase functions
Increase turnover through increased day trade inclusive of meeting strong local catering demand

Asking Price: $450,000 – ONO

Contact Marc 0412 359 907 to inspect

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