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Restaurant - Bar - Melbourne South East - (Code: GVP1003GJ)

Great location

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Price: $270,000






Weekly Takings (inc GST) $12,500
Cost of Goods $3,700
Gross Profit $8,800
Rent $1,107
Wages $1,300
Outgoings $61
Telephone $70
Insurance $32
Electricity $125
Gas $90
Misc 1 $
Misc 2 $
Total Expenses $2,785
Net Profit $6,015
Coffee Kilos P/W 0.0

Estimated Stock

$10,000
(Additional)

Equipment

$250,000
(Included)
All other values
exclude GST
General Description
Bar and restaurant serving Mediterranean food with options like vegetarian, gluten free, kid's menu. - Also serves tapas and tasting platters at the bar with cocktails and wine. - Folding windows open up the whole front of the restaurant. - 24 seats outside- 60 seats inside.

Potential
Only trading 11 months takings are increasing monthly. - This location lends itself to many variations on cuisine. - Could extend hours of operation. - Do functions / events. - Add breakfast and lunch during the week.

Features
Bay views. - Great location. - Very modern fit out. - Good rent.

Premises
High quality fit out with nothing to spend and room to expand with an area of 100 sq. mts.

Location
Situated on main road opposite the beach in a blue chip suburb with water views in South East Melbourne

Trading Hours
6 days - Tues. - Fri. - 3 p.m. till late. - Sat. - Sun.- 11 a.m. to late

Lease
5 + 3 + 3 year lease commenced 2014 - Bond 1 month - 5 % increases.

Employees
2 owners + 1 full time chef + 3 casual wait staff + 1 dishwasher

Comments
Owners want to focus on property development. - winter takings are approx.$12K p.w. and summer takings are $18k p.w.


SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXGVP1003GJ

For more details please call (02) 9439 4403
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