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Cafe - Restaurant - Under Management - Great long lease

Business for Sale
Cafe - Restaurant - Under Management - Great long lease
VIC

Cafe - Restaurant - Under Management - Melbourne South East - Agent SBX Code Number: GVGP1005 Restaurant serving modern Vietnamese cuisine, Pho, drinks - The restaurant is fully licensed and...

Price $600,000.00

Cafe - Restaurant - Under Management - Great long lease

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Cafe - Restaurant - Under Management - Melbourne South East - Agent SBX Code Number: GVGP1005

Restaurant serving modern Vietnamese cuisine, Pho, drinks - The restaurant is fully licensed and has 100 seats inside - Full set out commercial kitchen.

Potential

Application for outdoor seating is in progress - Add website - Would suit 2 owner operators and save on wages.

Features

Recently renovated - Premium fitout. - Well established business - Great location - Very high foot traffic. - Great lease

Premises

This restaurant is newly renovated with new equipment, and has an area of 165 sq.mts.

Location

Corner location in a South-Eastern suburb, attached to busy shopping centre.

Trading Hours

7 days - 9 a.m. - 9 p.m.

Lease

30 years lease expires 30th Dec. 2047 - 3% annual increases - 3 months security deposit

Employees

Under management - 4 fulltimers + 4 parttimers

Comments

Currently selling 200-250 bowls of Pho per day during weekdays and 300-350 bowls per day on weekends. -Owner spent 300k on the renovations early 2018.

Agent SBX Code Number: GVGP1005 - Sydney Business Exchange

Contact Seller

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View Broker Profile

SBX Business Brokers
P: 02 9439 4403

Bsale ID: 203224
SBX ID: GVGP1005




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