Detail & Description
Exclusive Bar/Restaurant for Sale in Malvern.
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.
- 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 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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