141 Swan Street, RICHMOND VIC 3121

$258,000

Description

Swan Street Richmond - Profitable and Popular Bar and Tapas Business available now - Price REDUCED

- RICHMOND VIC

Nicholson Real Estate is delighted to welcome to the market this well established popular bar/tapas venue business, which is ideally located amongst other great popular businesses the Inner Melbourne suburb of Swan St Richmond. One of Melbourne’s busiest cafe, bar and restaurant strip.

This business has been operating profitably since 2009.

With a new 15-year lease commencing in 2017 and a new fit out in the same year costing $250,000.
This opportunity will not last long.

Our client offers a wide variety of beverages including cocktails, craft beers, draught beers, ciders, real ales, spirits, wines, as well as a variety of tapas. The business has built up an enviable reputation within the area for the very high quality of the services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

The business genuinely comes to the market as our client desire to focus on other interests.
This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

– Well established over 11yrs
– Popular Food and Beverage venue
– Licensed 11pm
– Secure 13-year lease remaining
– Operating 6 nights from 4pm and weekend lunches
– Modern contemporary dcor
– Commercial kitchen and coolroom
– Excellent fixtures, fittings and equipment
– Owners will fully participate in smooth transfer of business

The business generates a very healthy turnover in the region of $800,000 with a sound a bottom line.


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