The Parlor Milk Bar & Kitchen

The Parlor Milk Bar & Kitchen

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Profitable Licensed Cafe, Cakes, Catering & Party’s Business For Sale In...

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Khoa Pham

Proudly listed by Khoa Pham

Broker Firm

Business Overview

Stunning and thriving hospitality opportunity. Sales $15,000 p.w. Licensed profitable cafe, casual dining and a party focused counter that has an amazing fit out, set up to perfection. Long lease with great terms. Excellent reviews and social media presence. The main point of difference is that it offers high quality products, a unique concept, with a large database of customers plus on-trend items. It has huge potential to expand in the party segment. Key feature of this business opportunity: Current weekly sales $15,000 to $17,000 and growing. Nett approx. $3,000 to $3,500 p.w. Huge following on social media platforms and growing - strong socials footprint. Huge potential to increase catering and the party side of the business with retail products. Established about 11 years ago with new set up. Suitable to Franchise or set up a license agreement (STA) Secure lease in place until 2027 + 5-year option expiring in 2032 Seating: 110 - 120 people About 80% of the customers are regulars - trades, professionals, residential. Fully commercial Kitchen , walk in cool room and freezer. The menu includes a wide variety of menu choices including Burgers, Wings, Ribs, Corn fritters, Salads, Delicious Desserts, and drinks. Vegan, GF & High protein. Most of the revenue streams from selling retail products, drinks. The premises have got a huge backyard for party functions and sittings at front. This business really does tick all the boxes and is a fantastic opportunity to build on an established concept and incorporate some of your own ideas. Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker. Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries to verify the information provided. Feel free to contact for detailed information: Listing ID: VIC1005 Contact: Shail Sapra Phone: +61493499873 Email: shail@melvicre.com.au

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

  1. That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
  2. That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
  3. That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

  • Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
  • In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P: