Licensed Restaurant, Toorak Rd, South Yarra, Prime Location High Foot Traffic

VIC
Food and Hospitality
$145,000.00
#25638
Short Description

Description

Established for over 14 years, a highly regarded and reputable restaurant in this area

Situated in a prime spot-on Toorak Road (South Yarra), enjoying vibrant and bustling foot traffic, and surrounded by many successful retail and hospitality businesses.

Current weekly taking of $14,000, with an attractive profit for the owner-operator.

A reasonable rent amount and a long secured lease in place.

Operating 6 days a week, offering a mix of dinner and lunch services on weekends.

Fully staffed business providing ease of operation and seamless management for the new owner.

Licensed Restaurant with ability to serve alcohol up to 11 pm every day.

Set-up:
- The dining area accommodates over 50 seats.
- Full Commercial Kitchen with all required equipment (inc. Walk-in Coolroom, Canopy, Grease Trap, and all other facilities)

Opportunities:
- The business has got an enormous potentials of growth, if run by a fresh, passionate and energetic owner-operator
- can be converted to any type of cuisine, utilising it's existing set-up and equipment
- can also be converted to Cafe / Bar / TakeAway (Pizza, Burger, Kebab, Chicken, Fish&Chips, Juice Bar etc.)

Asking Price: $145,000
Priced Low for a quicker sale due to owner's personal urgency