Description
An exceptional opportunity awaits with the sale of two well-established, fully licensed restaurants located in Melbourne's South East, in the bustling suburbs of Berwick and Officer. Both venues offer unique dining experiences, featuring live music and ample seating to cater to large crowds.
The Berwick location, operating since 2018, seats up to 130 diners and features live music every Saturday, adding to the lively atmosphere that keeps regular patrons coming back. Officer, established in 2022, is a larger venue with a seating capacity of 1,300 inside and 20 outside. The venue hosts live music events every six weeks, drawing in crowds for both casual dining and special occasions.
Combined weekly takings for both locations are $62,000 per week, with Berwick contributing $40,000 per week and Officer generating $22,000 per week. The business operates with a very high net profit and margins, offering a healthy return on investment. The venues are fully licensed, allowing trade until 11pm Monday-Friday and midnight on weekends, giving you flexibility to cater to late-night dining and entertainment.
Key financials:
- Approximate Equipment value: $1,250,000 combined (Berwick: $550,000 | Officer: $700,000)
- Rent: $7,400 per month
- Lease: Berwick is on a 7x7 lease (commenced August 2019), while Officer’s lease is negotiable, as the seller owns the freehold.
The restaurants are currently run under management, with Berwick employing 8 full-time and 7 part-time staff, and Officer with 5 full-time and 4 part-time staff, ensuring smooth operations across both sites.
This is an ideal opportunity for an investor or hands-on owner-operator to acquire a thriving business with strong profits. The current owner is selling due to plans to relocate overseas.
To arrange site tours and more information, please contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos at elle@absolutebb.com.au
Ref: B14779
Singapore
