Summary
An opportunity for a new owner to take over this established and reputable restaurant, which is unfortunately forced to sell due to owners health issues. Currently closed and operating on an ad-hoc basis only, this restaurant is looking for a new owner to take advantage of picking up a business with plenty of potential
About the Business
Lying in the busiest commercial street in St Kilda in a highly sought-after location is this restaurant which has a loyal and established clientele. The licenced restaurant has seating capacity for 65 and comes with nearly $150k worth of commercial equipment and furnishings.
Key features
→ Busy hot-spot in St Kilda with high foot traffic
→ Great little family business
→ Would suit owner operator
→ 4.9 star reviews only from it’s loyal clientele
→ Walk in cool room
→ Walk in freezer room
→ Rear access
→ Well equipped and fitted
→ Prime location on the bustling Acland Street St Kilda
Financials
→ 2+3 year lease
→ Taking $40k+ per month (prior to closing due to health issues)
→ 3 x employees including a chef
→ $150,000 worth of commercial equipment & furnishings included in sale
→ Owner must sell due to family issues
Please contact Sadeq for further information
To arrange an inspection or for more information, please contact:
Sadeq Abbass
0433 525 731
sadeq@abbass.com.au