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Food, Beverage & Hospitality business for sale in City

  • Food, Beverage & Hospitality
  • City ACT 2601
  • Expressions of interest

2 Popular New Restaurants/Bars Located in Canberra

We are delighted to present two unique opportunities to acquire high-quality, fully established, profitable, and vibrant restaurants/bars in two prime locations in Canberra. This is an ideal investment for both seasoned restaurateurs and first-time business owners seeking a thriving venture with significant growth potential.
Business Highlights:
1. High-Quality Fit-out and Design: Both restaurants/bars boast an exceptionally high-quality fit-out and design creating an inviting and modern atmosphere that appeals to a diverse clientele. From elegant furnishings to state-of-the-art kitchen equipment, every detail has been meticulously planned to ensure efficiency and aesthetic appeal. This sophisticated design not only enhances the customer experience but also positions the business as a premier dining and entertainment destination.
2. Prime Locations: Situated within bustling and popular food and entertainment precincts, both restaurants/bars benefit from high foot traffic and strong customer demand. These prime locations are known for their vibrant nightlife and dining scenes ensuring a steady stream of patrons. Whether it's for a casual meal, a special occasion, or an evening out, these restaurants/bars are top choices for locals and tourists alike.
3. Full Management in Place: Both establishments are run under full management allowing for a seamless transition for the new owner. Experienced and dedicated management teams handle day-to-day operations, staffing, and customer service, ensuring the highest standards of quality and consistency. This setup offers the new owner flexibility and peace of mind knowing that the business is in capable hands.
4. Long Leases in Place with Options: Secure, long-term leases with options are in place for both properties, providing stability and future growth opportunities. This ensures continuity of operations and allows ample time to capitalise on the business's established presence in these prime locations.
5. Function Hosting, Catering, and Delivery Services: There is great potential to expand the business by hosting private functions, offering catering services, and introducing delivery options. With spacious interiors and well-equipped kitchens, both restaurants are perfectly suited for events such as corporate gatherings, weddings, and birthday parties. Catering and delivery services could tap into new revenue streams and expand the customer base.
6. Targeted Marketing for Profit Growth: Although the business is already profitable, there is excellent potential to increase profits through targeted marketing efforts. By leveraging social media, online advertising, and local partnerships, the business can attract new customers and retain loyal patrons. Marketing initiatives such as special promotions, loyalty programs, and community events can further boost visibility and revenue.
7. Low Rental Percentage: Rental percentage 10% on City restaurant.
This is an unparalleled opportunity to acquire thriving restaurants/bars in premium locations within Canberra. With a high-quality fitout, prime locations, experienced management, and multiple growth avenues, these businesses are poised for continued success and profitability.
Don't miss out on the chance to own these premier restaurants/bars . Make an enquiry TODAY!
Sale Price:
City Location: $200,000 + Stock at Value
Woden Location: $390,000 + Stock at Value
Note: The businesses can be purchased either together or separately.
For more information about these exciting opportunities please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au

Business Highlights

Business ID2019463224
Floor AreaAsk Business Broker
Category
Last updated  12 Sep 2024
Map for City ACT 2601
Map for City ACT 2601City ACT 2601
Inspections
Documents

Business Highlights

Business ID2019463224
Floor AreaAsk Business Broker
Category
Last updated  12 Sep 2024

Listed by

Michael Newham
Finn Business Sales.
Call
0419 263 014

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