Bar & Grill - Exceptional Licensed
Broker is thrilled to present an immaculate Bar and Restaurant For Sale, located in the prime area of Glenferrie Road, Hawthorn. This exceptional establishment offers a unique opportunity for savvy investors or aspiring restaurateurs to acquire a thriving business with a solid reputation.
KEY FEATURES:
• Prime Location: Positioned on the bustling retail shopping strip of Glenferrie Road, Hawthorn, this restaurant boasts excellent visibility and high foot traffic. Surrounded by residential, office, and commercial areas, it attracts both locals and visitors.
• Well-Established: Serving the community since 2006, Lulo Bar & Grill has become a beloved dining destination.
• Immaculate Premises: Spanning approximately 120 sqm, the restaurant features modern and premium décor, creating a welcoming and stylish atmosphere.
• Fully Fitted Commercial Kitchen: Equipped with gas and extraction facilities, ensuring top-notch food preparation, and walk in cool room.
• Amazing Bar Setup: Includes a stunning bar display, perfect for serving the best tapas, wine, cocktails, and sangria in the area.
• Outdoor Seating: Accommodates 70 covers inside and 18 seats outside, ideal for enjoying the vibrant neighborhood.
• Premises License: Comes with a 1am liquor license, allowing for flexible trading hours.
• Under Management: Currently operated under management, providing ease of transition for the new owner.
• Secure Lease: Long and secure lease with excellent rental terms.
Versatility and Potential: Bar & Grill is suitable for various types of cuisine. Whether you envision it as a daytime café or a specialty restaurant, the potential is limitless.
Culinary Excellence: Bar & Grill is renowned for its modern approach to tapas, offering a menu bursting with flavors. The establishment prides itself on a wide selection of wine, sangrias from Spain, South America, and Australia, and signature cocktails. The menu is designed for sharing, featuring gluten-free, vegetarian, and vegan options.
Operating Hours:
• Tuesday, Wednesday, Thursday: 4:30 PM - 11:00 PM
• Friday & Saturday: 12:00 PM - Late
• A-La-Carte Dinner: 4:30 PM - 9:00 PM
• Lunch (Friday & Saturday): 12:00 PM - 3:00 PM
Event Hosting: Venue is the perfect venue for corporate events and celebrations, with three dedicated areas within the restaurant.
Price Guide: The sale includes a renewable lease, goodwill, all business fixtures, fittings, and stock at valuation.
Contact Information: For more details and to arrange a viewing, please contact brokers.
Don’t miss this exceptional opportunity to acquire a thriving restaurant business in one of Hawthorn's most vibrant areas.
Financials (USD)
Asking Price Not Disclosed
Cash Flow Not Disclosed
Sales Not Disclosed
Converted From AUD
Exchange Rate $0.67
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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