What a special business, lovingly managed by long experienced owners, offering a unique menu and social gathering spot for local residents with huge benefits all round!
Turnover in excess of $200,000 a month on 7 days lively trading, 15% net profit and strategically placed in a major retail/residential precinct with constant foot traffic in the heart of South Yarra, enjoying high disposable income customers and growing population of thousands, with lifestyle to match.
This business has been operating for close on 15 years and is a part of the hospitality scene, and current daytime hours could easily be extended to cater for the night crowd as well, generating an estimated extra 20% income. The lease of this 172M2 premises provides for options to 2034 and rental is commensurate with the location and backed by a highly reputable landlord.
Seating for 85 inside and 135 outside and a Liquor Licence to 11 pm makes this a great opportunity for the entrepreneurial operator who can take advantage of all the attractive features of its South Yarra location and its 80% repeat customers within a 1 kilometre radius, and continue its success into the future.
Staffing is 4 full time and 8 casuals, built on a strong family foundation with all the hospitality skills to engage with their established customer base. The state of the art kitchen is perfectly placed to cater for all customer needs together with adequate storage and facilities.
INSPECTION RECOMMENDED
Property Code: 184
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