SOLD! Under Administration: High End Restaurant/Bar – EOI

Beautifully appointed restaurant/bar in the heart of Randwick, currently under administration. Montpellier Public House is not just another restaurant- it made headlines when it closed its doors and we are seeking an experienced operator to re-open them.

With the capacity to seat 120 patrons, the restaurant, kitchen and bar are fully fitted out with nothing to spend. The fit-out is absolutely stunning- one of the best you will find, mixing colonial style sandstone with ultra-modern wooden detailing. This, and its perfect location made this business into the high-profile establishment it is today.

Full sets of historical financials are available for a prospective buyer to look at, with the revenue for 2011 showing over $2M.

The rent for the premises is $13,797.38 +GST per month with very favorable lease terms. The landlord is willing to discuss this further.

Business Highlights:

• Prime location in the heart of Randwick
• Well established and high profile business
• Stunning fit out with nothing to spend
• Fully fitted kitchen with nothing to spend
• Fully functioning POS system included
• Seats 120 patrons
• Massive potential for functions (weddings, engagements etc)
• Impressive financial history showing $2M t/o in 2011
• Excellent rental terms with a long lease on offer 

We cannot stress enough, the potential of this establishment. It is fantastically positioned, high-profile, beautifully fit-out and can be run as a restaurant, café, bar, function centre or all of the above.

Don’t delay, this business is currently under administration and will not stay on the market for long. Enquire immediately if you are interested.

Under Administration