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Food & Hospitality Businesses for Sale in Elwood, VIC

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Food/Hospitality
ELWOOD, VIC
$2,350,000 + SAV
Opportunities of this calibre are exceptionally rare.Offered to the market for the first time in almost two decades, this exceptional hospitality business represents a once-in-a-generation acquisition opportunity. Generating annual revenue exceeding $6 million, seating approximately 260 patrons and secured by a long-term lease extending through to 2038, it combines exceptional scale, proven financial performance and more than five decades of continuous hospitality trading from the same landmark site.Occupying two substantial adjoining premises, the business has evolved into one of Melbourne's most recognised hospitality destinations, supported by extensive indoor and outdoor dining, a fully equipped commercial kitchen, licensed restaurant and cafe operations, substantial back-of-house infrastructure and multiple diversified revenue streams spanning breakfast, lunch, dinner, premium beverages and takeaway. The business is underpinned by established operating systems, an experienced team and a trading platform capable of supporting sustained high-volume operations from day one.Its longstanding reputation, exceptional customer loyalty and strong local and visitor patronage have been built over decades of consistent operation, creating a level of goodwill that cannot be replicated. Combined with its secure long-term lease, substantial seating capacity and premium hospitality infrastructure, the business offers significant barriers to entry and an acquisition opportunity rarely available within the Victorian hospitality market.Whether expanding an existing portfolio, acquiring a flagship hospitality operation or investing in a business with proven scale and enduring market presence, this represents an opportunity to secure one of Melbourne's most significant independent hospitality businesses.**Please note that for confidentiality the image in this advert is generic and is not of the actual business**Staff No11 Full Time34 Part TimeOwner 2 - 3 days per week, hands off operations.Trading TimesMonday to Friday 8am-12amSaturday 8:30am-1amSunday 8:30am-12amOpportunityThe business presents outstanding opportunities for an incoming owner to build upon an already successful and established operation. Its substantial seating capacity, extensive hospitality infrastructure and long-term lease provide a strong foundation to further expand private functions, corporate events, premium evening dining and licensed beverage sales, while continuing to capitalise on strong local patronage and year-round visitor demand.With established systems, diversified revenue streams and a proven operating platform already in place, purchasers have the flexibility to focus on strategic growth rather than business establishment. The scale of the operation also provides opportunities to further enhance catering, digital ordering, brand partnerships and other complementary revenue streams with minimal additional capital investment.Hospitality businesses of this calibre are rarely offered to the market, making this a genuine once-in-a-generation acquisition opportunity.**Weekly**Coffee Sales 45kgTurnover (inc GST) $127,362.00
$89,000
- Prime Elwood location surrounded by established retailers and thriving businesses.- High-exposure position benefiting from strong pedestrian and vehicle traffic daily.- Restaurant and Caf Liquor Licence operating until 11pm every night.- Licensed for 126 patrons indoors and 90 patrons outdoors.- Attractive courtyard area ideal for functions, events and group bookings.- Long and secure lease offering stability for future growth.- Affordable rent of approx. $915 p/w, highly competitive, with opportunity to rent upstairs room.- Fully equipped commercial kitchen included, requiring no additional investment.- Quality plant and equipment allowing immediate commencement of operations.- Flexible and suitable space for any hospitality ventures: caf, restaurant or wine bar concepts.- Excellent opportunity to launch a new brand with confidence.- Perfect for owner-operators, hospitality groups or experienced industry investors.- Walk-in, walk-out opportunity with absolutely nothing further to spend.**Exclusive to Paramount Business Brokers (Our Ref V2082)**Some Images Used for Illustration Purposes Only"The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business."