Seize this once-in-a-lifetime opportunity to acquire a highly profitable, award-winning restaurant that has been a beloved institution in the community for over 4 decades. This iconic, family-owned business offers an exceptional chance to step into an operation with an established reputation, loyal customer base, and the potential for significant growth. Whether you're a seasoned restaurateur or an aspiring entrepreneur, this is the perfect platform to build upon or take in your own direction.
Financial Highlights:
Monthly Rent: $6,965.54 (excluding GST)
Lease Terms: Secure 7-year lease until October 2029
Renewal Option: 7 years
PEBITDA: $243,997
EBITDA: $309,000
Key Features:
44 Years of Legacy: An iconic establishment with over four decades of unwavering customer loyalty.
Award-Winning Cuisine: Renowned for its exceptional Indian dishes, consistently drawing in loyal patrons year after year.
Prime Location: Positioned in a high-traffic area, attracting both locals and tourists, ensuring a constant flow of foot traffic and business.
Outstanding Reputation: Boasting over 400 positive reviews, this restaurant has cemented its place as a community favourite with a strong local presence.
Celebrity Patronage: A favourite dining spot among high-profile figures, including cricket legends, adding an extra layer of prestige and exposure.
Long Lease: Secure 7-year lease with an option to renew for an additional 7 years, providing stability and peace of mind for future growth.
Owner's Role: The current owner is not a chef but has excelled at creating a strong front-of-house operation, focusing on customer relationships and service. This provides you with the flexibility to either bring your own culinary vision or continue with the established business model.
Operating Hours:
Tuesday Thursday: 5:30 PM 9:30 PM
Friday: 12:00 PM 2:30 PM, 5:30 PM 10:00 PM
Saturday: 5:30 PM 9:30 PM
Sunday & Monday: Closed
Why This Is The Perfect Opportunity For You:
This is your chance to step into a thriving business with decades of success and a stellar reputation. With a long-term lease, strong financials, and a loyal customer base, you can immediately start capitalising on the existing momentum. Boasting a celebrity clientele, a prime location, and a recognised brand, this business provides a solid foundation for continued growth and success.
Don't miss out on this extraordinary opportunity to take the reins of a beloved institution with limitless potential.
Contact Us Today!
For more information or to schedule a viewing:
Call Shweta Tripathi at 0432 591 529 or email Shweta@acceleratebsales.com.au today.
