POPULAR RESTAURANT/TAKEAWAY IN BUSY BRUNSWICK

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


Key Strengths:


About the business

Phone enquiries - please quote property ID 19828

This well-established business is situated in an excellent location in the Brunswick area, a busy, multi-cultural northern suburb of Melbourne.

The business runs itself (under management) still with plenty of profits for owner. High gross turnover with MORE POTENTIAL to increase profits as the business only trades from 12.00midday until 10.00pm, 7 days per week. This gives the option for new owner to introduce not only breakfast, but coffee too. The demand for this is high due to its location and huge multi-storey apartment development in the area. A lot of potential to also do outside catering as there is plenty of work area and a massive walk in fridge.

This busy and popular burger restaurant is regularly included in Melbourne's 'Best Burger ' Lists, and in major publications such as The Herald Sun and The Age. It has a strong online presence with over 10k followers on instagram and over 6k followers on facebook.

* Currently taking between $22000-$24000 per week but has made up to $27000

* Fully commercial kitchen.

* The premises are leased with long term lease in place (options adding up to 18 years).

* The rent is excellent for the location ($38,000 p.a.).

* Low overheads

* Walk into a ready-made business which is professionally run with excellent returns. Completely under management, while still making excellent profit for the owners.

* The premises are fully licenced (alcohol) till 10pm which is transferable to new owner

* Seats 25-30 inside and 16 outside

* Quality Restaurant with quality food

* Stock will be sold at valuation* Plenty of off street parking available.

* Easy access to trams and buses

* Priced to sell

All fixtures, fittings and equipment are included in the sale. Main items include, commercial kitchen with 2 flat grills, commercial oven, dishwasher etc. Also has a huge 3x3 cool room, multiple display fridges and other refrigeration. Everything you need is here with good quality equipment and reasonably new fit-out.

Good staffing in place who would carry on running the business successfully. There are 2 on-site carparks for staff, with plenty off street parking and a parking lot attached to the complex for customers. There is also easily accessible public transport.

This business is being sold as a genuine going concern.

All enquiries should be directed by email.
Know someone that could be interested in this?
Asking Price:
$488,000
Yearly Profit :

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Country

Australia

State

Victoria

Suburb

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Postcode

3055

Locality

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Established on
1999

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
Victoria
Australia
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