UNDER OFFER - Dazzling Managed Bayside Restaurant Business For Sale

DESCRIPTION

MUST BE SOLD! MAKE AN OFFER!
This dazzling managed bayside restaurant business for sale is run under management & located by the beach & adjacent to the CBD. An award winning restaurant, this beautiful venue has been an satisfying its patrons for 19 years and is now ready for the next owner.
A highly rated restaurant on Urban Spoon & Dimmi, this successful business is fully staffed and runs smoothly under management.
- Established 19 years in this highly sought after location, the beach is at the end of the street with tram & public transport to the door, as well as plenty of parking. High exposure & a well renowned street for sophisticated dining

- The business operates Monday & Tuesday evenings, then 2 separate openings for lunch & dinner each other day closing 11pm each night

- Fully staffed with 8 full timers & 5 casuals, the vendor oversees the operations but it runs under management

- Taking $1,600,000 per annum

- Spacious premises offer seating for 70 downstairs, 50 upstairs, 30 outside, and 20 for private functions

- Liquor licence until 1am

- Full commercial kitchen

- Very busy restaurant, particularly in the summer months

- Long lease of 5x5x5 with rent of $2,930 pw

- Highly acclaimed restaurant on online voting sites such as Tripadvisor, Dimmi & Urban Spoon, website in place but plenty of room for growth with clever social media marketing

- Fantastic opportunity to get into a highly sought after location with a reputable business that will line your pockets from day one!
For further information please contact Senior Business Broker Petros Margaritis on Reveal Phone.