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FOR SALE: HIGHLY ACCLAIMED RESTAURANT BAR/BISTRO IN VIBRANT HAWTHORN GLENFERRIE ROAD, HAWTHORN

BUSINESS Detail

Type Food/ Hospitality Status JUST LISTED Location Melbourne Sub Location Melbourne East Price $100,000+ Area Prime Location Bedrooms Turnkey Ready Bathrooms Heaps of Potential

BUSINESS DESCRIPTION

Boston Brokers is proud to present an exceptional opportunity to acquire a highly acclaimed Restaurant Bar/Bistro located in the vibrant and bustling heart of Hawthorn.

Established in 2001 by our discerning client, the venue has quickly become a favourite among locals and visitors alike, renowned for its commitment to quality, exceptional service, and an inviting atmosphere.
Perfectly positioned in a prime location with high footfall and ample passing trade, the venue benefits from excellent visibility and accessibility. The bistro is surrounded by a thriving community of shops, cafes, and entertainment venues, making it a go-to destination for food enthusiasts and casual diners alike. Its proximity to key landmarks and popular attractions ensures a steady stream of clientele, both regular and new, throughout the week.

After more than 20 years of very successful ownership, our clients have decided to retire. The acquisition will be of particular interest to hospitality industry professionals, looking to take advantage of this venues longevity, superb location, & outstanding reputation.

KEY FEATURES
• Close to Local Amenities
• Prime Location
• Established Business
• Fully Fitted
• Licenced Venue 1am
• Commercial kitchen with walk in cool room & rear access
• Excellent Turnover
• Offers Invited

Reputation for Quality: The bistro has built 20 years of established goodwill and has has built a solid reputation for delivering high-quality, delicious food paired with exceptional service. Consistently receiving excellent reviews, it boasts a loyal customer base that values its outstanding offerings.
Beautifully Designed Interior: The bistro’s stylish and contemporary interior creates an inviting and relaxed dining atmosphere, perfect for romantic dinners, family gatherings, or special celebrations.
Trading Hours: Evening – Tuesday – Saturday: 5.30pm-10.00pm.
Extended Hours and Service: Expanding the current operating hours to include breakfast, lunch, or addition dinner services could significantly increase revenue. Introducing a weekday lunch menu or extending dinner service to Sundays and Monday would capitalise on the high demand in the area.
Private Events and Catering: Leveraging the bistro’s excellent reputation, the business could expand into hosting private events such as weddings, corporate functioned, and celebrations. A dedicated catering service for local businesses and events could also be introduced.
Enhanced Marketing and Online Presence: Strengthening digital presence through social media, online advertising could drive more traffic. Collaborating with local influencers or offering special promotions could also boost visibility.
Takeaway and Delivery Options: Expanding into the takeaway and delivery market would cater to the growing demand for convenient dining options. Introducing a dedicated takeaway menu or partnering with delivery platforms could open up additional revenue streams.
Seasonal and Themed Menus: Creating seasonal and themed menus or hosting special events, such as wine tasting or chef’s table experiences, would attract new customers and encourage repeat visits from existing patrons.
Employees: Operates under full management with the support of 4 dedicated full-time staff members. Additionally, a pool of casual and part-time employees is available to meet varying operational needs.
Location: Located in a busy area, the bistro attracts great visibility and draws in both local customers and tourists, resulting in a steady and reliable flow of income.
Premises Details: The restaurant occupies a single-fronted premises that immediately grabs attention with its striking, eye-catching signage. The exterior is bright and inviting, setting the tone for a cosy dining experience. Inside, the ambiance is dimly lit, creating an intimate and relaxed atmosphere. The space is thoughtfully designed with comfortable seating, accommodating up to 70+ patrons plus footpath dining, making it perfect for both casual dining and casual occasions.
Lease Terms: Long secure lease with rental $80k per annum
Turnkey Opportunity: Take advantage of this entry-point price and seamlessly transition into ownership without the hassle of setting up a new venue from scratch.
Reason for Sale: Owner is motivated to sell to concentrate on other interests and willing to consider all reasonable offers.

This Bistro represents a unique investment opportunity for an aspiring restaurateur or an established operator looking to expand their portfolio. With a fantastic location, substantial assets, a well-earned reputation, and numerous avenues for growth, this profitable bistro is poised for continued success.

Don’t miss the chance to own a standout dining establishment in one of Hawthorn’s most sought-after locations. For further details or to arrange a viewings, please contact Nathan Lihari 0411 988 999!

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CONTACT AGENT

FOR SALE: HIGHLY ACCLAIMED RESTAURANT BAR/BISTRO IN VIBRANT HAWTHORN
 0411 988 999
 nathan@bostonbrokers.com.au
Nathan Lihari
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Disclaimer: The financial information in this business listing has been provided by the Seller. Caville Pty Ltd t/as Boston Brokers has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Caville Pty Ltd t/as Boston Brokers recommends that you consult with an accountant, solicitor and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorised to make any representations or warranties on behalf of the seller or Caville Pty Ltd t/as Boston Brokers. You agree to hold Caville Pty Ltd t/as Boston Brokers and its associated brokers harmless for any misrepresentations made by seller.

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