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ICONIC RESTAURANT – CARLTON

Carlton 3053
$650,000

Description

This iconic Restaurant has been a Melbourne institution for well over 30 years, and has been run by its current vendors since 1992. The venue has a great reputation for serving some of the best steaks in town, along with being a multi award winner in the Good Food Guide Awards in 1995 and 1996. Jbb are proud to offer this rare opportunity to take over this very successful and well known inner city gem. Highly regarded by locals and interstate visitors, this restaurant has a well-designed and polished meat focused menu deserving of its many accolades, along with its well-respected Australian wine list puts this place on the map for all serious wine enthusiasts.

Located in an iconic Melbourne building on popular Lygon Street, this site is highly sought after for its proximity to the CBD and street appeal.  With an excellent lease in place with over 20 years remaining, including a well maintained fit out, this venue is ready for one lucky buyer to take over and operate seamlessly from day one.

If you are looking for an iconic business that is profitable, covid resilient and with an outstanding reputation that has stood the test of time for over 30 years – then this Restaurant is the one. Call Nick to inspect on 0419 589 852.

BUSINESS HIGHLIGHTS:

  • Average weekly taking is $28,000
  • Profit of $8,000 a week
  • Great location on Lygon Street
  • Secure long lease with 20 years remaining (5+5+5+5)
  • Monthly rent is $9,515.84 (including GST)
  • Fully licensed until 1am Monday – Saturday and 11pm on Sunday
  • Seating for up to 85 patrons inside & outside + large function room (upstairs)
  • Currently runs with 11 staff (5 full time & 6 part time-including the vendor)
  • All equipment in excellent condition, with good sized kitchen including walk in cool room, grease trap and charcoal grilling equipment
  • Full financials available to qualified buyers

ASKING PRICE: $650,000 negotiable

Call Nick to inspect 0419 589 852

  • Carlton 3053, Melbourne, Australia
Nick Gazeas
Nick Gazeas
0419 589 852
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