CBD 24 HOUR LICENSED VENUE MELBOURNE CBD
This is an outstanding opportunity to build on the existing business services and customer base of this Restaurant/Bar and also to add new services such as event catering/functions. With a strong demand for its combination of location, environment and drinks, together with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
The Vendors have invested significantly and successfully in the establishment of a well-known brand and used advertising only sparingly, as a high proportion of the business`s revenue has been due to its prominent position, excellent reputation for quality and service and strong word of mouth recommendation. There are excellent opportunities to increase this activity and market the business more aggressively to significantly increase turnover.
Brand new fit-out
Huge 500sqm venue over 2 levels
Full commercial kitchen
New 25 year lease
Licensed for 370 pax
Each level has separate entry/services/amenities
Top location – well positioned in the busy Theatre Precinct
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of any growth as it occurs.
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Boston Brokers.