Wilma and Pearl Restaurant and Bar - Canberra -$5,000,000 fit out value
Urgent Sale motivated sellers.
This is your golden opportunity to own Wilma and Pearl Restaurant and Bar, a beloved and iconic establishment in Canberra. Due to a change in owner circumstances, we are forced to sell swiftly, and this incredible business is priced to move FAST.
Enjoy unrivalled foot traffic and parking, generating a steady stream of patrons. Strategically positioned, it ensures visibility and accessibility, not to mention the two new luxurious hotels set to grace the neighbourhood within a mere 100 metres of the location.
Key Features:
* Prime Location: Centrally located in a high-traffic area, in the heart of Canberra CBD
* Modern Interior and fitout: Beautifully renovated with chic décor, providing a warm and inviting atmosphere - 700sqm fitout
* Fully Licensed: with a 7 am to 4am trading licence venue licenced for 500+
* Turnkey Operation: Ready for you to take over immediately with a dedicated and experienced staff.
* Renowned Cuisine: Famous for its mouthwatering menu, blending contemporary and classic dishes that keep patrons coming back.
* Event Space: A popular spot for private events, parties, and corporate functions.
* Competitive rent and long lease: $31,000 monthly, including GST and outgoings.
Why You Can't-Miss This:
* Priced to Sell: Incredible value at a fraction of the establishment cost
* Established Customer Base: A loyal following and stellar online reviews.
* Immediate Revenue: Start earning from day one with consistent revenue streams - average $70,000 per week in the 23-24 financial year
* Marketing in Place: Active social media and marketing strategies that drive business.
* Growth Potential: Huge opportunities to expand hours, diversify the menu, and ramp up marketing efforts.
Option A: Pay $650,000 upfront
Option B: $150,000 upfront and $600,000 seller financed over three years
Interested parties are to email sales at capitalcommercial.com.au and provide their full name and contact number.
