Business Display

Warranwood, Victoria

Contract Room Service Business Plus Bar/Venue & Huge Apartment - Melbourne, Vic

Price: $140,000
Listing ID: 1141


This has to be one of the smartest investment opportunities on the market today! Not only has all the hard work been done for you, but it's a ripper of an idea that could grow and grow.
This well-priced leasehold package includes a very successful contract room service set-up, plus a bar/venue, with a huge upstairs residence - all in the popular Melbourne suburb of Fitzroy North.

Great location, just 4km from Melbourne CBD
Business prepares and delivers room service menu to non-catering accommodation
Currently servicing venues within 7km
Established for 5 years
17 contracts in place with serviced apartments and hotels
Menus placed in an additional 21 hotels, motels and apartments around Melbourne
Minimal marketing as venues love this service
Simple menu - only requires short order cook
Liquor license included - deliver food and drinks
Venue also caters for functions
Low rent ($3800) with upstairs apartments rented out at $1850
Everything included in sale
Easy to operate - all recipes and instructions recorded

Are you starting to see the bigger picture here? The sky's the limit, with minimal input. Already under semi-management, the current owner only works 7 nights a fortnight.
The business could easily be expanded to service more accommodation venues, and even private homes. The service area could also be extended. And then there's social media, which currently isn't being utilised at all.
There's also the option of living in the huge upstairs apartment yourself, or continuing to rent it out.
Options plus income, for just $140,000 - what a deal!


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Warranwood, Victoria