MELBOURNE POWER DINING DESTINATION RESTAURANT Melbourne VIC - Melbourne City
BUSINESS Detail
BUSINESS DESCRIPTION
This business is currently the most profitable single location restaurant for sale on-line in Melbourne and is for sale for the first time since inception.
With its consistently innovative menu and stylish decor, this comfort dining restaurant / cafe / bar enjoys an outstanding reputation among local movers and shakers. Aided by the strong Corporate Area economy and expansive international tourist area environment, this restaurant is experiencing its best year since foundation.
The business has generated several consecutive years of revenues exceeding $5m and cash flows consistently at or exceeding $1.5m. Given the very strong business climate surrounding its clientele, the restaurant would be an attractive to an existing restaurant operator or individual investor. The owner cites multiple growth possibilities and believes their concept would be well received in numerous other cosmopolitan markets, both locally and nationally. The owner is willing to help facilitate the transition by consulting on new menus.
Location: This CBD hotspot is centrally located within close proximity to a sophisticated and diverse workforce. The location is leased at below-market rent, and has more than 13 years remaining based upon renewal option periods.. All restaurant equipment is in excellent working condition. Key managers are in place, and staff is well-tenured.
Owner wishes to sell 100% of the business to an existing restaurant group, individual investor or family with relevant experience operating profitable restaurants. Owners will facilitate transition by consulting on new menus. Detailed marketing package with financial information available to qualified parties subject to NDA and buyer’s credentials.
POA
For more details, please email broker
