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MOPHO CANTEEN – RESTAURANT / BAR

74 Toorak Road South Yarra 3141
$120,000

Description

Open 7 days a week for lunch, dinner and drinks this popular venue is located in the heart of bustling South Yarra and is a popular choice with the trendy locals for its relaxed Vietnamese vibe, great food and amazing cocktails.

Perfectly positioned close to the very busy South Yarra Train Station on the ever-popular Toorak Rd and nestled in between other high calibre retailers, not to mention the near completed Capital Grand development, this new kid on the block is doing big things amongst food buffs.

The modern frontage leads into a long and open plan space featuring a brand new designer fit out including off white furniture, splashes of pastel and a feature ladder ceiling with some nice greenery, giving off a tropical vibe within a contemporary space. There is also a gorgeous rear yard with a retractable roof which adds versatility to the functionality of this great place. There is also a large office area upstairs that could easily be converted into a fantastic function space to complement the restaurant, or alternatively the space could be sublet which would significantly reduce the rent.

This is a rare opportunity to buy into the popular Toorak Road end of South Yarra at a fantastic entry level price! Don’t miss out. Call Nick 0419 589 852

BUSINESS HIGHLIGHTS:

  • Weekly sales $7,000 – $12,000
  • Rated on Urban List as one of the BEST PHO in MELBOURNE
  • Seats 50 inside + 40 courtyard
  • Located in a high foot traffic area on Toorak Road
  • Strong social media presence.
  • Simple to operate menu – high profit margins
  • Designer fit out with a huge office area that could be converted into function space
  • Cafe & Restaurant Liquor license until 1am Mon to Sat & 11pm Sunday
  • All equipment fully owned and included in the sale of the business
  • Fully equipped commercial kitchen including walk-in cool room
  • Secure 10-year lease (5+5) commenced in October 2015

ASKING PRICE: $120,000 – Negotiable vendor keen to do a deal over summer!

To inspect call or text Nick 0419 589 852

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.

  • 74 Toorak Road South Yarra 3141, Melbourne, Australia
Nick Gazeas
Nick Gazeas
0419 589 852
View listings

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