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Licensed restaurant
  • POA
  • Eltham, St Laurence Lane, Eltham, Melbourne, Shire of Nillumbik, Victoria, 3095, Australia
    Featured Featured For sale
    Licensed restaurant
  • POA
  • Eltham, St Laurence Lane, Eltham, Melbourne, Shire of Nillumbik, Victoria, 3095, Australia
    • POA

    Overview

    • Food/Beverage/Hospitality
    • Property Type

    Description

    Licensed restaurant for sale.

    This well-known licensed restaurant is located in a distinctive, independent building and has its own parking area. Located in the heart of the suburbs, this authentic restaurant offers a complete dining experience. Two dining halls separated by a water fountain amidst a serene courtyard make for an intimate night out, a peaceful family dinner or a lively group function. Option to use one hall for parties and functions and the other for the regular customers.

    Business Highlights:

    • A professionally run restaurant with all the systems and procedures in place.
    • This restaurant has a commercial kitchen with all the tools and equipment.
    • Heaps of function and party bookings. fully booked on special occasions such as Mother’s Day and Valentine’s Day.
    • Strong website and Instagram presence, and an online booking platform.
    • Deliveries and takeaway are continuously available.
    • Restaurant set up worth approximately $175,000/-.
    • Gross weekly takings of approx. $12,000 to $14,000
    • Base weekly rent approx. $1966 plus GST and outgoings.
    • Lease: long lease of around 17 years (commenced in Apr 2019 for five years plus three terms of five years).
    • Sitting capacity of approx. 120
    • Timings for liquor licenses: 7:00 a.m. to 11:00 p.m. (Sunday 10:00 a.m. to 11:00 p.m.)

    Trading hours:

    MondayClosed
    Tuesday to Thursday5:30–9:30 pm
    Friday5:30–10:00pm
    Saturday12:30–10:00pm
    Sunday5:30–10:00pm

     

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