$140,000

476 Glen Huntly Road, Elsternwick, VIC 3185

Food/Hospitality Restaurant

Restaurant for Sale in Elsternwick, Vic

The Phone Code for this property is: 47000. Please quote this number when phoning or texting.

Restaurant for Sale in Elsternwick.
Established for over 11 years.
Existing 8 year lease that can be extended.
Very reasonable rental of $1,190 per week (incl. GST).

Prime position on busy main street with numerous public transport options available.
Large two-storey dedicated restaurant premises with full commercial kitchen.
Separate function room, bar facilities and an office upstairs.
Great set up with quality furnishings and fittings on both levels.

Currently operating 5 nights a week from 5pm.
Fully licensed venue until 1:00am.
Simple menu with great margins.
No BYO permitted.
No advertising or discount promotions.
No cuisine competition - this is the only a la carte Russian restaurant in Australia.
Excellent customer reviews on Google, Facebook, Zomato, Uber, The Fork and Quandoo.
Over 5500 active subscribers in restaurant's own database.
Dedicated newly redesigned website and booking module.

This is an unbelievable opportunity for new owners to continue successful trading, or change the concept and capitalise on location with a lot of residential development in the area.
Take it to the next level and increase takings by opening for lunches or trade extra days, and engage more people through social media - currently not utilised to its full potential.

Genuine reason for sale.
$190,000 Walk in/Walk out

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Info

Municipality
Elsternwick
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