Restaurant Bar, Prime Inner-City, TA $30,000 P/W

An exceptional opportunity to acquire a large, long-established restaurant and bar located in a prime inner-city hospitality precinct only minutes from Melbourne CBD.

This substantial venue offers strong revenue, large seating capacity, and significant infrastructure, making it ideal for experienced operators or hospitality groups seeking a high-capacity restaurant and function venue.

Business Highlights
- Annual Revenue: Avg $30,000+ per week
- Seating Capacity: 100 patrons
- Price: $390,000 (recently reduced)
- Huge value of Equipment

Ground Floor Venue
- Spacious restaurant with large dining area and fully licensed bar
- Commercial kitchen with multiple preparation areas
- Walk-in coolroom and freezer
- Infrastructure designed for high-volume service

Upstairs Function Venue (Currently unused for a couple years and offering significant growth potential)
- 150+ seated or 200+ standing capacity
- Existing licensed bar and commercial kitchen
- Food lift connecting both kitchen levels
- Separate street entrance, amenities and balcony area
- Ideal for functions, weddings and private events

Upstairs can be included in the sale at no additional cost, but separate rental fee
(subject to landlord's approval).

Operations & Lease
- Fully staffed operation with manager and experienced team in place
- Current owner has retired and is only overseeing operations
- Owner is also the landlord, providing potential lease security and flexibility

Asking Price: $390,000
(PRICED LOW TO SELL QUICK, DUE TO OWNER"S AGE)

Contact SAM VASLI from Expert Business Brokers

For more details, please email broker or call agents.