Property Details
ST KILDA VIC 3182
Contact AgentDescription
Business for Sale: Established Buddha Culture Indian Restaurant with Excellent Potential
- ST KILDA VIC
Situated in a prime area with excellent visibility and steady customer traffic.
Key Business Highlights:
– Weekly Revenue: Strong and consistent takings with additional income from private functions.
– Seating Capacity: Spacious layout accommodating a large number of patrons comfortably.
– Lease: Long-term lease providing security and stability for the new owner.
– Liquor License: Extended trading hours with a late-night liquor license.
– Rent: Competitive weekly rent for the space and amenities offered.
Additional Features:
– Supplementary Income: Includes additional rental income from an attached residential space.
– Low Overheads: Affordable council rates and operational expenses.
– Annual Rent Increase: Fixed incremental adjustments for predictable costs.
– Rental Deposit: Standard deposit terms in line with industry expectations.
Operations Overview:
– Staff: Operated by a team of skilled staff, with support from the owner.
– Wages: Competitive weekly wages for team members.
– Profit: Steady and reliable profitability, offering a great return on investment.
This business is fully equipped, operational, and ready for a smooth transition to the new owner. It provides flexibility to continue as is or to rebrand and make it your own.
For more information or to schedule an inspection, get in touch today!
DISCLAIMER: All stated details are approximate and provided for general information purposes only. They do not constitute any representation on the part of the vendor or agent. All information has been supplied by third parties. Prospective purchasers are strongly advised to conduct their own enquiries and due diligence regarding the accuracy of the information provided about the business. Greenfields Real Estate will not be held liable for any loss or decision made based on the information supplied.
Note: Photos are for illustration purposes only.
Property Features
- Restaurant
- Studio bed
- 0