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Restaurants For Sale in Brighton Melbourne VIC

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On Trend Vietnamese Restaurant Business For Sale

Location:Brighton, Melbourne, Victoria

Category:Restaurant, Bar and Gaming, Food

Asking Price:$Price On Application

550000

  • Sales revenue : $30,000 pw
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • On Trend Vietnamese Restaurant Business For Sale
  • On Trend Vietnamese Restaurant Business For Sale
  • On Trend Vietnamese Restaurant Business For Sale
  • On Trend Vietnamese Restaurant Business For Sale
  • On Trend Vietnamese Restaurant Business For Sale
  • On Trend Vietnamese Restaurant Business For Sale
  • On Trend Vietnamese Restaurant Business For Sale

Business description

Not your traditional Vietnamese restaurant, this diner and bar in an affluent Bayside suburb is well placed for its target market.

This large restaurant with a modern fitout has a large dining room as well as an outdoor seating area of approx. 35 sq. metres, so is well suited for the new normal of social distance dining.  The dining room can seat 50 normally and the outdoor area can seat 28. There is a commercial kitchen and walk in coolroom.

The restaurant occupies a high exposure corner location and is easily accessible by public transport - less than 5 minutes walk to the train station. There is ample street parking and underground paid parking is available to patrons. 

Run under management, this restaurant serves modern Vietnamese cuisine and has a bar serving a variety of cocktails and is fully licenced to 11 pm.

Run under management with 2 full time staff and 9 part time staff.

Pre-Covid, this restaurant traded 7 days for lunch and dinner.

Turning over $30,000 per week, with rent of $1,088 per week and secure lease of 5x5 commenced April 2019.  * During strict COVID restrictions the average turnover has been $16,000-18,500 per week with only evening trading, 7 days.

Established 5 years, this diner and bar is a go to eating and drinking venue for locals as well as customers from afar.

Do not miss this opportunity to acquire a well run restaurant with immaculate fit out and superb food and drink menu, that also has large indoor and outdoor dining areas, that can accommodate good amount of patrons even with limits set on number of patrons per square metre. 

For more information and to arrange an inspection, contact Chris Panagiotidis or Elle Likopoulos on [Phone Number Censored]

 

Other Information

  • Expansion: During strict COVID restrictions the average turnover has been $16,000-18,500 per week with only evening trading, 7 days.
  • Years Established: Established 5 years
  • Employees: Under Management with 2 FT and 9 PT Staff
  • Trading Hours: Pre-Covid, this restaurant traded 7 days for lunch and dinner.
  • Reason For Selling: Personal
  • Lease Terms: 5x5
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