Featured For sale
Bar/Restaurant Malvern
  • $400,000+stock
  • Malvern, City of Stonnington, Victoria, 3144, Australia
    Featured For sale
    Bar/Restaurant Malvern
  • $400,000+stock
  • Malvern, City of Stonnington, Victoria, 3144, Australia
    • $400,000+stock

    Overview

    • Food/Beverage/Hospitality
    • Property Type

    Description

    Exclusive Bar/Restaurant Malvern for Sale.

    High profile fully licensed restaurant for sale.  This high-end restaurant is located in the heart of Malvern trading since 1999. Very presentable Bar and exceptional restaurant set up.

    Business Highlights:

    • Liquor license till 3:am
    • Sitting capacity 150 plus 140 upstairs for functions
    • Private function room
    • Hugh regular clientele
    • Enough car parking space for the customers plus 7 – 8 car spots for the vendor and staff.
    • Gross weekly sale $28,000 – $30,000
    • Gross weekly base rent approx. $3,105 plus GST and outgoings
    • Lease/option 5+5 commenced 1/4/2018.
    • Annual increase of 4%
    • Security bond equivalent to 6 months rent.
    • Easy to run business
    • All system and process are in place
    • Hugh potential for functions and corporate lunch diner.
    • Trading hours breakfast, lunch, dinner (7 days)

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