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.


In light of the COVID-19 outbreak and consideration of the updated guidelines from the Department of Health, we are taking measures to protect our clients and staff from coming into contact with the virus.
As per the REIA recommendations for home inspections, all inspections will now be conducted as a one-on-one private session, coupled with the appropriate safeguards as recommended by health authorities (increased sanitation and social distancing).
We request that you do not attend an Open for Inspection if you have:
– Tested positive to Coronavirus
– Symptoms associated with Coronavirus
– Recently been in contact with someone diagnosed with Coronavirus
– Recently been overseas
– Have previously agreed to any self-isolation conditions.

*If you would like to inspect this property please enquire with your preferred date and time, the hours would need to be between 9am-5pm on weekdays and 9am-1pm on Saturdays. The manager will then be in touch to book a time with you. **Please remember to practice social distancing when you go to view the property.

 


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