Elsternwick, VIC 3185

Price: $355,000

Elsternwick - Local Institution $395000

After over 15 successful years, this Bayside institution is offered for sale for the first time.

This business has an outstanding reputation with regular repeat customers coming from near and far. Importantly, this business has also remained profitable even during Covid lockdowns.

Recently renovated, this local favourite is located in a prime position, close to cinemas, transport and surrounded by new apartment developments.

The restaurant includes two commercial kitchens with quality brand name appliances, a high quality fitout, strong social media presence, online reservations, online ordering, and an excellent POS infrastructure.

Key features of the business include:
* Taking $20,000 per week over 5 short nights
* Seats 90 inside (including 50 person separate dining area) and 12 outside
* Affordable rent at $1295 per week
* 5 years remaining on lease with further options
* Huge opportunity for growth with expanded trading days/hours
* Run semi under management
* Easy, high margin menu
* Fully licenced with extra liquor licence for take away and delivery

For those wanting to take on a more hands-on role, you'll enjoy a substantial boost in profits from your reduction in wage expenses.

The successful purchaser will be given full training, support and assistance for an extended handover period if required.

Inquire now to take advantage of this extremely rare offering.

83178


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Contact the Owner

Mobile: 0488 849 770
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View Original Listing: For Sale By Owner