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State of the Art Restaurant $1.3Mill (16307)

$1,300,000

Mentone, Victoria

State of the Art Restaurant $1.3Mill (16307)

This extremely well known Italian restaurant offers authentic Italian food, house made products and uncompromising hospitality to it's thousands of local followers.

Strategically located on the corner of a busy shopping strip, this business is surrounded by busy retail stores, bustling cafes, and major key amenities, bringing endless foot traffic to the area daily.

The large 300sqm premises is spread over 3 immaculately fit out levels, and includes a full commercial kitchen, pizza oven, walk in coolroom, function space, seating for 110 inside and 96 outside, a rooftop bar plus much much more. The architecturally designed site is sure to impress even the fussiest of buyers and must be seen to be appreciated!

Key features include:

*Taking $60,000 per week
*Open 6 days per week, closed Mondays
*Open 12pm-9pm
*Secure 20 year lease
*Option to keep the business name or re badge
*Reasonable $1,000 per week rent
*Foodie hot spot
*Huge potential
*Run fully under management

For more information please contact Ross Morelli from LINK on the below:
Phone: 0417 112 911
Email: ross.morelli@linkbusiness.com.au

Features

Business Snapshot

  • Price: $1,300,000
  • Net Profit: $8,000
  • Lease Options: 5+5+5+5 (commenced 2019)

Business Links / Tools

Last updated: 31st May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Mentone
State
 Victoria
Price
$1,300,000
Category
  • Cafe/Coffee Shop
  • Restaurant

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Agency

LINK, formerly Klemms

LINK, formerly Klemms

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