BS154985 - Prime Location – Selling for Assets/Equipment Only!
This is an amazing Turnkey Business Opportunity in a Prime Location experiencing increasing development and strong housing growth. Fully set-up – and currently operating 5 nights a week – this beautifully designed restaurant will no doubt impress!
Perfect for a family or couple - or a chef to rebrand the restaurant - no further outlay is required. The premises are complete with great cooking facilities, fittings, and fixtures - All the hard work has been done!
BUSINESS HIGHLIGHTS:
-Well set-up fully licensed Bar & Croatian Restaurant in Williamstown – Current Takings of $12k-$15k a week.
-Go-to venue for weddings, corporate events, and other special occasions
-Offers Unique Experience in a Medieval-style building dating back to 1873
-Prime location in high-traffic shopping strip - Surrounded by thriving hospitality, retail, specialty, and corporate businesses
-Close to prominent tourist destinations, such as the Commonwealth Reserve, Gem Pier and Point Gellibrand Coastal Heritage Park
-Multiple function spaces and configurations: Whole Venue: 156 guests seated / 200+ standing
-Chapel (60 guests seated / 80+ standing), Courtyard (20 guests), Veranda (22 guests seated)
-Premises fitted out with $60k to $80k of assets - including all plant and equipment - No additional capital injection needed
-Full commercial kitchen, 2 walk-in cool rooms, separate dishwashing room and other amenities
-Excellent presentation with nothing to spend
-No active marketing ATM except word of mouth
-Suitable for any Indian/Asian Restaurant
-No financial information on offer - Business name not transferable
-Owner retiring after many successful years in the business
This opportunity presents the buyer with a well-designed (currently Croatian) restaurant and affordable rent in a standout location.
There is plenty of potential to increase profits by promoting the business, growing the customer base and extending trading hours.
PRICE: All offers over $59,000 invited
Property Code: 3443
Profitable Restaurant, Bar and Function Venue – Williamstown, VIC
VIC
Asking Price
$59,000
Revenue
Profit
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