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Cuckoo Restaurant - One of Victoria's Top Tourist Attractions FOR SALE (V1690)

Cuckoo Restaurant - One of Victoria's Top Tourist Attractions FOR SALE (V1690)

Available Now $2,295,000 - Food/Hospitality

 Victoria  Yarra-dandenong Ranges Print this page

- Cuckoo Restaurant is an award winning traditional German styled restaurant and function centre located in Victoria's tourism central, widely known throughout Victoria, Australia and internationally!
- Rare opportunity to secure 9 acres of prime bluechip real estate hosting one of the most popular and iconic tourist destination venues in Victoria and Australia wide!
- Located in the heart of Olinda in the Dandenong Ranges only 45 mins from Melbourne.
- Extremely lucrative business with an average weekly turnover of $60K-$80K pre-covid!
- Since establishment, the venue has served an estimated 10 million guests including the prime minister amongst countless other famous faces.
- Stunning 3-story heritage listed building spread over 900m2 featuring 3 live music spaces, wedding function rooms, 4 seating areas, beer garden and coffee stations.
- Approx. $500,000 worth of equipment and fit-out included in the sale, as well as a huge commercial kitchen occupying an entire floor with 3 walk in cool rooms and 1 walk in freezer!
- Seating for up to 400 diners, with two settings available during busy holiday periods therefore accommodating for up to 800 diners per day.
- Set menu or buffet styled dining, serving a huge variety of classic German Bavarian dishes.
- Very family friendly venue with unbeatable atmosphere and classic charm of traditional fireplace, custom made woodwork and lush forest surrounds.
- Parking for up to 400 cars and 10 busses with private 2BR residence for owner/operator.
- Popular tour bus routes bringing in large groups for lunch and dinner, operating Friday through Sunday with huge potential to extend trading days and hours.
- Operating for over 60 years in the same family, this business has seen love and success with a proven track record of high takings and an established name to show.
- The restaurant currently remains an icon of the Melbourne tourism and hospitality scene.
- With regional travel restrictions lifted and international travel still prohibited, this business will see a rapid influx of Melbournians! The time to invest is now!

Don’t miss this rare opportunity to secure one of Australia's longest running and most successful restaurants! Inspections offered exclusively through Paramount Business Brokers!

**Exclusive to Paramount Business Brokers (Our Ref V1690)
**Some Images Used for Illustration Purposes Only

“The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business.”

Business Specialist: Joshua Siow

Joshua is a dynamic, committed and driven individual. His main aim is to achieve outstanding results for his clients. Joshua is highly motivated and has the necessary skills of professionalism, integrity and a strong work ethic. Educated at the University of New South Wales Joshua holds a business degree with majors in taxation and accounting. Handpicked for a special traineeship with the Australian taxation office, he worked for many years with small, medium and large enterprise. Post these years, he gained many years of business experience having developed, built, and successfully sold multiple businesses. These include a green energy company and a packaging wholesaling company. Joshua brings a high level of understanding, insight and knowledge for different types of businesses and through this brings the best results for his clients every time. Joshua is a successful person, who enjoys bringing success and helping others succeed to the best of their ability – he enjoys seeing the hard work of others get rewarded. He has now been a specialist business broker at Paramount for Six years. He has a beautiful family with four young children and enjoys volunteer work in his spare time.

  • Office : 03 9021 9888
  • Mobile : 0415 646 977
  • Fax : 03 8692 8635
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