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Refer to Broker
Refer to Broker
Business Broker
Melbourne
Business Broker
Melbourne
This is a well-established Spanish restaurant and wine bar in Melbourne’s Eastern Suburbs which, since its establishment in 2013, has catered to a diverse customer base with its unique menu offerings. Its consistent ranking as the number one restaurant in the area makes it an ideal investment opportunity for prospective owners seeking to venture into the bar and restaurant industry.
*Taking $1,040,000 PA
*208 sqm premises
*P&E valued at $500,000
*77 indoor, 18 outdoor and 10 courtyard seats
*Double fronted restaurant
*Fully licensed
Nick Kolaitis and the team at LINK Melbourne are excited to present a well-established Spanish restaurant and wine bar to the market.
This top-rated Spanish restaurant and bar benefits from its prime location along a busy street. The restaurant serves various menu items, making it an excellent dining destination.
The business stands on spacious premises with a charming rustic design, complemented by a bar and cozy fireplace. Its fully equipped commercial kitchen and wine cellar enable the business to operate efficiently.
Internally, the business is run under management with its dedicated team, ensuring a customer-centric approach and smooth day-to-day operations.
With a favourable lease agreement and a decade-long track record of success, the business positions itself as an excellent investment in Melbourne.
To know more about this business, contact Nick today!
Listing ID: ME02839
Broker: Nick Kolaitis
Phone: 0411 428 161
Email: nick.kolaitis@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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