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COLLINGWOOD, VIC
New
Turn-Key Restaurant & Bar | Premium fit-out $1M+ Turnover
VIC
Food/hospitality · Restaurant
$75,000 + Stock - WIWO
With approx. $1.08M annual turnover and weekly takings of approximately $20,000, the business presents an exciting opportunity for an owner-operator, hospitality group or investor seeking a turnkey venue in a highly sought after Melbourne location.The venue currently trades five nights per week, providing genuine scope to increase revenue through additional trading hours, expanded daytime trade, catering and further development of existing revenue streams.Featuring a high-quality commercial kitchen, full bar setup, licensed outdoor trading area and seating for 50 patrons, the venue is ideal for operators seeking a modern, well-equipped hospitality space with strong foundations and excellent expansion potential. KEY FEATURESApprox. $1.08M annual turnoverWeekly takings approx. $20,000Premium commercial fit-out valued at approximately $350,00010 + 10 + 10 year lease structure through to 2054Rent $70,000 + GST p.a.Licensed restaurant and barLicensed outdoor trading areaSeating for 50 patronsEstablished staffing structure with supervisor in place (minimal owner involvement) Strong digital presence with 18,000+ Instagram followersAustralian Open exposure and Good Food Guide recognitionDine-in, takeaway, catering and hotel chargeback revenueCurrently operating five nights per weekSignificant scope to increase trading hours and revenueFOR SALE: $75,000 + Stock - WIWOContact the exclusive broker:Damian SlijanoskiBenchmark Business Sales & ValuationsM: 0478 882 069T: 1300 366 521If youd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6440 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations
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