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LULO BAR & GRILL – EXCEPTIONAL LICENSED RESTAURANT OPPORTUNITY 798 Glenferrie Road, Hawthorn

BUSINESS Detail

Type Food/ Hospitality Status JUST LISTED Location Melbourne Sub Location Melbourne East Price FOR SALE - CONTACT AGENT Area Prime Location Bedrooms Busy Retail Strip Bathrooms Heaps of Potential

BUSINESS DESCRIPTION

Presented by Boston Brokers
Boston Brokers is thrilled to present an immaculate Bar and Restaurant For Sale, located in the prime area of Glenferrie Road, Hawthorn. This exceptional establishment offers a unique opportunity for savvy investors or aspiring restaurateurs to acquire a thriving business with a solid reputation.

KEY FEATURES:
• Prime Location: Positioned on the bustling retail shopping strip of Glenferrie Road, Hawthorn, this restaurant boasts excellent visibility and high foot traffic. Surrounded by residential, office, and commercial areas, it attracts both locals and visitors.
• Well-Established: Serving the community since 2006, Lulo Bar & Grill has become a beloved dining destination.
• Immaculate Premises: Spanning approximately 120 sqm, the restaurant features modern and premium décor, creating a welcoming and stylish atmosphere.
• Fully Fitted Commercial Kitchen: Equipped with gas and extraction facilities, ensuring top-notch food preparation, and walk in cool room.
• Amazing Bar Setup: Includes a stunning bar display, perfect for serving the best tapas, wine, cocktails, and sangria in the area.
• Outdoor Seating: Accommodates 70 covers inside and 18 seats outside, ideal for enjoying the vibrant neighborhood.
• Premises License: Comes with a 1am liquor license, allowing for flexible trading hours.
• Under Management: Currently operated under management, providing ease of transition for the new owner.
• Secure Lease: Long and secure lease with excellent rental terms.

Versatility and Potential: Lulo Bar & Grill is suitable for various types of cuisine. Whether you envision it as a daytime café or a specialty restaurant, the potential is limitless.
Culinary Excellence: Lulo Bar & Grill is renowned for its modern approach to tapas, offering a menu bursting with flavors. The establishment prides itself on a wide selection of wine, sangrias from Spain, South America, and Australia, and signature cocktails. The menu is designed for sharing, featuring gluten-free, vegetarian, and vegan options.

Operating Hours:
• Tuesday, Wednesday, Thursday: 4:30 PM – 11:00 PM
• Friday & Saturday: 4:30 PM – Late
• A-La-Carte Dinner: 4:30 PM – 9:00 PM
• Lunch (Friday & Saturday): 12:00 PM – 3:00 PM
Event Hosting: Lulo is the perfect venue for corporate events and celebrations, with three dedicated areas within the restaurant.
Price Guide: The sale includes a renewable lease, goodwill, all business fixtures, fittings, and stock at valuation.

Contact Information: For more details and to arrange a viewing, please contact Boston Brokers.

Don’t miss this exceptional opportunity to acquire a thriving restaurant business in one of Hawthorn’s most vibrant areas.

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CONTACT AGENT

LULO BAR & GRILL – EXCEPTIONAL LICENSED RESTAURANT OPPORTUNITY
 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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FEATURED BUSINESS

  • For UNDER OFFER

    PARTY SUPPLIES

  • For Sale

    CBD CAFE & ESPRESSO

  • For Sale

    SUPERMARKET/ LIQUOR – MELBOURNE

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