- Visa (Immigration)
- Suits those looking to migrate to Australia on a business visa. Read more about owning a business to meet visa requirements
- Self-managed
- Provides the opportunity to own and run your business for greater reward. Find out more about the difference between managed and non-managed investments.
- Small Business
- Is independently run, locally based, and offers the flexibility to do business the way you want.
THRIVING HOSPITALITY BUSINESS FOR SALE - RESERVOIR
An outstanding opportunity to acquire a well-established hospitality business in the heart of Reservoir. Trading seven days a week with consistent turnover, a fully owned fit-out, and an experienced team in place, this business is perfectly suited to an owner-operator or investor looking for a quality hospitality venue with further growth potential.
WHAT YOU NEED TO KNOW:
- Prime Reservoir location
- Open 7 days a week
- Trading hours: Monday to Friday: 7:00am – 3:00pm, Saturday & Sunday: 8:00am – 3:00pm
- Weekly turnover: Approximately $12,000 - $15,000
- Monthly rent: $3,167.24
- Secure lease: 5 years remaining.
- Security deposit: 3 months' rent
- Fully equipped: All plant and equipment are owned outright. (The Purezza tap system is supplied under contract.)
- Experienced team: 7 staff including: 1 Full-Time Head Chef (paid well above award) & 6 Casual staff
- Owner involvement: Approximately 40–50 hours per week.
The business continues to improve financially, with profitability trending upwards. Detailed financial information, including the Profit & Loss statement, is available for qualified buyers.
This is a genuine walk-in, walk-out opportunity with all major equipment included in the sale, allowing a seamless transition for a new owner.
With strong local support, consistent weekly sales, secure lease terms, and opportunities to further grow trade, this is an exceptional chance to purchase a successful hospitality business in one of Melbourne's growing northern suburbs.
Enquire today for further information and to arrange a confidential inspection.
For more details, please email broker or call agents.
