Licensed Restaurant – The Iconic ‘Daylesford Steakhouse’ – Daylesford, VIC

Description

ROI: $600-$800K TURNOVER WITH PROFIT OF APPROX. $250-300K 

The ONLY Steakhouse in 3 shires, this profitable business has a captive market and an impressive turnover!  

Housed in a stunning heritage building (former Melbourne Bank), the business offers multiple dining and relaxation areas. 

There is NO COMPETITION, a strong customer base of locals and tourists, and a lot of scope for future growth. 

BUSINESS HIGHLIGHTS: 

• Gorgeous premises with the ONLY outdoor dining balcony overlooking the Main Street 
• No other steakhouse in the area – Only pubs and cafes 
• Heritage building with original honey oak floors, 3 Separate dining areas, Lounge with open fireplace, Dining Room with open fireplace, large garage, storage, plus downstairs office or dwelling  
• Established in 2018 and running strong (even through covid) for over 5 years 
• Extensive inclusions: Kitchen assets – $57,650, Bar assets – $26,893, Restaurant assets $114,375 
• All stock and supplies included at cost (Bar and Kitchen) 
• Good marketing in place including TL News publication, Online social media platforms, Customer lists, and ‘Book it Now’ restaurant booking system 
• Customer base is 70/30 tourists and local clientele 
• Current owner works 15 hours per week on average + 2 F/T and 5 Casual staff 
• Currently trading Thursday to Monday – Licensing allows for 7 days of trade from 11am until 10pm every day 
• Easy business to run – Would suit someone with minimal experience in the hospitality industry 
• 2 weeks’ training provided for handover period 
• Owner moving interstate

Daylesford is a destination town which attracts high-income visitors, looking to get away and spend! 

The town is always busy, so there is great potential to increase your trading days/hours. 

This is the perfect business for someone seeking a tree-change to the country – or an investor wanting a passive income.  It is a very solid and highly profitable business, which would further benefit from trading 7 days a week, opening for lunch at the weekend, and attracting more functions, events, and private catering. 

The ‘Daylesford Steakhouse’ is a delightful venue, and whoever buys it will prosper and thrive!  

PRICE: $270,000 O.N.O – Finance Options Available