THE MISSING GORILLA BAR (ELTHAM) BFB0642

NEWLY RENOVATED VENUE, BAR AND RESTAURANT

 MAKE AN OFFER!!!

Opportunity to purchase this bar, restaurant and live music venue, located in a fantastic position in the heart of Eltham’s main shopping district. Fully Renovated from the ground up in 2019 at a cost of just over $1M. Fully licenced for 200 people, it has a function room, restaurant (40 seat), bar, stage and balcony area.

Opened in late November 2019 and closed March 2020 due to the Covid-19 pandemic. Average sales during this 3 month period was approximately $25,000 per week over a 4 night per week schedule. Unfortunately, the business did not have the chance to fully engage the restaurant and functions area to their full potential.

Highlights:

  • Multi zoned PA system, accommodating live bands and DJ
  • Fully functioning kitchen with pizza oven, walk in freezer and fridge
  • Fully operational bar with walk in keg room
  • Licenced for 200 people, 7 days a week
  • Lease expires January 2028 with a further option of 2 x 5 years offered
  • 70 person balcony area overlooking Main Street

Opportunities:

  • Huge potential for significant growth
  • Expand operating hours to include daytime food and beverage service
  • Utilise function room
  • Utilisation of restaurant for lunch and dinner
  • Second to none in quality and functionality. This business will not disappoint!

Should you be interested and wish to receive further information, please complete the online Confidentiality Deed and a fully comprehensive Business Profile will be made available to you. To discuss other business opportunities, please contact Simon Young on 0425 662 878.


NB: *The business images shown are for illustration purposes only and may not be an exact representation of the business.

Suburb Eltham
Price $595,000 (Make an Offer)
Property Type business
Property ID 642
Category Leisure/Entertainment, Food/Hospitality, Food/Hospitality

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Agent Details

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Simon Young

0425 662 878
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BF Brokers HQ

0388235400
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