SUN MOTH CANTEEN & BAR 28 Niagara Lane - CBD Melbourne
BUSINESS Detail
BUSINESS DESCRIPTION
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Calling all hospitality operators your chance to knock it out of the park! Great opportunity to own this vibrant Bar & Restaurant/Cafe for Sale in the heart of Downtown CBD Melbourne. This Upscale Wine Bar for Sale is the perfect opportunity for someone looking to get into their own business. This complete turnkey operation is meticulously maintained, tastefully decorated, and fully equipped with everything you need to continue this successful operation for years to come.
The build-out in this 140 square metre Restaurant/ Cafe and Wine Bar is upscale and contemporary with seating for up to 72 patrons in the dining room and at the bar. Prime location on Niagara Lane in the heart of CBD, Melbourne is at the forefront of everything from fashion boutiques and art galleries to restaurants, sidewalk cafes, bars and commercial and residential surroundings. Over the years it has become the hub for both locals and visitors alike.
This signature business is located in a historic brick laneway building. Built in 2015, the venue was purpose built and designed by Sunkland Projects ( Common Galaxia, Dead Man Espresso and Builder Fido Projects) updated and remodelled to include all new plumbing, electrical, flooring, etc. 140 square metres and includes the main bar, kitchen, restrooms, and storage.
– There are three large high-rise buildings under construction across the street and in the immediate precinct which upon their completion will draw phenomenal additional foot traffic.
– Offerings include, a large variety of local craft beers which feature on tap, spirits, extensive wine list, & unique cocktails, as well as, a smaller, but very appetizing all day food menu.
– The restaurant trades 7 days a week, benefitting from the high footfall levels on a daily basis, and is able to capitalise on a significant amount of day, evening and late night traffic that others cannot so readily cater to.
– This business is extremely unique in the area and has many untapped resources that will grow the business exponentially. Acquisition is essential to any potential Buyer that can lead this business to optimal growth and efficiency with proper management.
– This is a beautifully appointed location with all high end finishes. You can keep the most recent concept or bring in something entirely new. Thoughtfully planned layout with excellent functionality creating a vibrant feel in a cosy space.
– You would spend over $350k to build a location like this from scratch, equipment is less than 3 years old. Beautifully finished and needs no updating at all.
– This is ideal for a first time buyer, any owner/operator and it is great as a second location for an existing business seeking to expand with an express or satellite location.
• Highly desirable laneway location
• Licensed 91 pax Restaurant/Cafe with take-away license till 11pm
• Long secure lease, Rent $120k p.a.
• Open kitchen with walk in cool room
• Designer fit-out with exceptional modern fixtures, fittings and equipment
• Full kitchen can be adapted to fit any “chef driven” cuisine and suit any concept/theme
• All fixtures and fittings included within the sale as a going concern.
• Long secure lease with excellent rental terms 9,197/month
• This venue is spotless, it must be seen to be appreciated
Full trading information will be made available to seriously interested parties once a formal expression of interest has been made and a Non-Disclosure Agreement has been signed. The business is currently operational and new owners will be able to step right in and take over after all applicable licensees are transferred.
Why wait months for permits, licenses and construction?
This location is turnkey and ready to go!
We are seeking a serious and financially qualified operator.
To learn more, please call or email Nathan Lihari today at 0411 988 999 or nathan@bostonbrokers.com.au.
All site visits must be made by appointment.
