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Sold**SOLD**$1M Setup! Licensed Restaurant for Sale in South East Melbourne

SELLING PRICE

$150,000.00

LISTING AGENT

Sam Razzak

OVERVIEW

  • Listing ID 1939
  • Price $150,000.00
  • Categories Restaurant all types

Details

Business for Sale in Victoria - Restaurant for Sale - South East Melbourne

$1M Setup, 600 sqm, Nothing to Spend

Young Popular Restaurant, Long Way to Go

Architecturally Designed, Busy Restaurant   ***WALK IN WALK OUT***

It is a popular name among the foodies in Melbourne. The brand has excelled greatly due to its uncompromising attitude towards food quality, variety, creativity and customer service. To continue the brand name and popularity, it has successfully introduced the brand to the wider community in South East Melbourne by building the most popular International Buffet Restaurant. With theatrical live cooking stations catering to customers taste by serving premium quality dishes, customers now have more control than ever over crafting their perfect meal. In this International Buffet Restaurant, customers can enjoy choosing from seafood, teppanyaki, home-style Italian, Sushi, wok-fried noodles, Indian curries and a delectable selection of freshly baked desserts and a giant chocolate fondue fountain. This all makes this International Buffet the ideal choice for families and groups. There really is something for everyone!

 Since its inception the business has become an overnight success with food lovers including corporate clients. A massive 222 seating capacity allows for large functions and parties to concurrently occupy space with regular clients. Plenty of car park is definitely a plus for a large premise of its size to effectively service large number of customers.

 The owners have spent over $1M to builtd this place from scratch and hasn’t left any stone unturned to create the perfect ambience for customers to seat, enjoy and relax the delicious meal from all over the world.  Furthermore, there is no competition in this vicinity. Restaurant is located in a very high traffic go to location adjacent to ALDI. Some other well-known businesses include Caltex, McDonalds, Goodguys, Bottlemart, etc. THE OPPORTUNITY IS HUGE FOR THE RIGHT OWNER!!

* Weekly Sales $36,983 (As per taxation) (Pre-COVID)

* Weekly Rent $3461.53 ex GST 

* Long lease 19+ years

* Large 600 sqm premise with 222 seating capacity - Ideal for doing business during COVID

* Excellent branding, digital marketing, social media marketing in place

* Excellent fit out, nothing to spend!

* Fully licensed 

* Architecturally designed premise, designed for efficiency and productivity

* Reluctant sale

* Huge opportunity for investors or owner operators alike

* Run under semi management 

* Hurry, this won't last!

* EXPRESSION OF OFFER  ***ALL OFFERS CONSIDERED**

***EXCLUSIVELY LISTED WITH NETWORK INFINITY***

For more information 

please contact Sam on

0427 836 110

Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.



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