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RESTAURANT/BAR & EVENT VENUE

149-151 Warrandyte Road Rigwood North 3134
EOI

Description

ROSEBANK NORTH

Prime location in the heart of North Ringwood, the restored homestead Rosebank is the pinnacle in contemporary Australian style Restaurant, Bar & Event venue. This site is surrounded by picturesque rose gardens and perfectly kept grounds. The menu focuses on local produce and locally sourced wines. There is also a stunning cafe on the premises which was a chapel in its former life and is still used for weddings. The décor and furnishings are homely, warm and inviting. The open plan design provides the venue with versatility to cater for a variety of events and occasions. This multi faceted business is ideal for weddings, formal and casual dining, private parties, functions. Be quick – this one will go fast!

Call or text Marc @ jbb on 0412 359 907

BUSINESS HIGHLIGHTS:

  • Weekly turnover of $42,000+ and is trending for $50,000 for 2019/20
  • Strong net profit in excess of $500,000 p.a
  • “On premise” liquor licence for 120 until 12.30am Friday & Saturday, 11.30pm Monday to Thursday, 11pm Sunday
  • The ideal owner/operator venue or under management
  • Fully equipped kitchen with cool room and 2 standalone freezers
  • Separate bar area and terrace
  • Plenty of parking on site for patrons
  • Perfect position, arguably one of the best spots in North Ringwood – easy access to Citylink
  • Strong social media presence with great online reviews
  • Perfect place for corporate functions/group bookings – bar area, restaurant, terrace, garden & deck, chapel
  • Open for Breakfast, Lunch and Dinner 7 days + private functions
  • Memberships of 2000+ and total customer data base of 8,000

LEASE AND RENT:

  • Commencement date: 1st April 2017
  • Term: Five years
  • Further term: Five years
  • Monthly Rental: $11,112 inc GST approx.
  • Rent reviews: 3% Annual
  • Size: 2400m2 approx.

EXPRESSIONS OF INTEREST INVITED

Call or text Marc @ jbb on 0412 359 907

If you have any further questions on buying or selling a business you can read our blogposts or contact us on 0409 965 540 or info@justbusinessbrokers.com to set up a FREE consultation today.

 

  • 149-151 Warrandyte Road Rigwood North 3134, Melbourne, Australia
Marc Di Genova
Marc Di Genova
0412 359 907
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