FINE DINING RESTAURANT, EAST MELBOURNE

Preview Listing

Location Details :

Country

Australia

State

Victoria

City

--


Industry :
Professional - Brokerage ; Professional - Property/Real Estate ;

Financial Details :

Revenue

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EBITDA

--

EBITDA multiplier

-x

About the business

Proudly presented to the business sale market is this exceptional example of a fine dining restaurant in East Melbourne.

An iconic location, main road exposure and access across a double fronted site has been trading as a food premises for years.

The owners of this business all have other interests and have built this restaurants reputation and income. with further room to improve and expand, they target the high end dining experience.

Trades Tuesday to Saturday 12p.m to late with a simple menu and range of assorted wines and alcohol.

Fully equipped commercial kitchen overlooking the dining room with magnificent counter and views.

Sales around $20,000 per week, has been higher, run under partnership yields 12% to 15% ROI.

Rent $2200 per week for double fronted main road location.

Can be continued as fine dining, or slightly modified to include takeaways, more lunches or additional days.

Excellent opportunity, please don't delay on this one.

TRIDENT Business and Corporate Sales and/or their agents have been given exclusive authority to market and sell this business for the Vendor. Therefore, they give notice that all information given in relation to this property, whether contained in this document or given orally, is given without responsibility and has not been audited by us. People intending to purchase should satisfy themselves as to the accuracy of all information before proceeding. TRIDENT does not accept, and specifically excludes any and all liability relating to the business.

(Our reference T 1481 ) Some images used for illustration purposes only TRIDENT Business reserves the right to limit the release of information to parties who do not disclose their full contact and identity details to the listing agent upon inquiring about this business.



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Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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