Wilma and Pearl Restaurant and Bar $5,000,000 Fit-Out Value
This is your golden opportunity to own Wilma and Pearl Restaurant and Bar, a beloved and iconic establishment in Canberra. Offering exceptional value, this incredible business is available for just $1,250,000, despite a remarkable fit-out value of $5,000,000.
Enjoy unparalleled foot traffic and parking, ensuring a steady stream of patrons. Strategically positioned in the heart of Canberra's CBD, this venue guarantees visibility and accessibility, with two luxurious hotels under construction just 100 metres away.
Key Features:
* Prime Location: Centrally located in a high-traffic area, in Canberra's bustling CBD.
* Modern Interior and Fit-Out: Beautifully designed 700sqm space with chic décor, creating a warm and inviting atmosphere.
* Fully Licensed: Licensed for trading 7 am to 4 am, accommodating over 500 patrons.
* Turnkey Operation: Ready for immediate takeover with a dedicated, experienced staff team.
* Renowned Cuisine: Famous for its contemporary and classic dishes, loved by patrons.
* Event Space: A sought-after venue for private events, parties, and corporate functions.
* Competitive Rent: Long lease in place at $31,000 monthly (including GST and outgoings).
Why You Can't Miss This:
* Priced to Sell: Incredible value at just $1,250,000, a fraction of the establishment's fit-out cost.
* Proven Turnover: Generating approximately $4,000,000 annually, with an average of $70,000 weekly revenue in the 23-24 financial year.
* Established Customer Base: Loyal clientele and excellent online reviews.
* Immediate Revenue: Start earning from day one with consistent income streams.
* Growth Potential: Expand operating hours, diversify the menu, and enhance marketing strategies to drive further success.
How to Access More Information:
Please fill in the enquiry form, providing your full name and contact mobile number, and we will send the information package prepared by the seller once you have signed a confidentiality agreement.
