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Restaurant business for sale in City

  • Restaurant
  • City ACT 2601
  • $149,000 plus Stock

Bar/Restaurant | Inner South Canberra | Long Lease | $23K Per Week Sales

A modern bar and restaurant for sale in a wealthy Inner South suburb known for its bustling nightlife. This Stylish venue is complimented with the highest quality, modern fit-out and the fully equipped kitchen needs to be seen to be believed, the business presents beautifully and no upgrades or investment are needed. Due to the impressive décor and large space, the venue is regularly booked for private events and parties.

With a long lease in place, operating four nights per week the business achieves average weekly sales of $23,000.

The broad layout could lend itself to a range of business models, from bar and restaurant to café or private events. Currently operated as a popular nighttime bar with a light food menu the venue is adaptable and could easily support new concepts. Additionally, a sheltered outdoor area offers a comfortable, year-round experience, and is nestled among neighbouring dining and nighttime venues. A place for people to see and be seen...

Liquor Licence in place: Approved for 264 patrons

Lease Terms: 5 x 5 lease, commenced February 2022

Space: 221m² indoor area, 74m² outdoor dining area

Rent: Affordable rate at $508 per square meter

The venue is currently trading, however this is an asset sale with limited financial information available.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
5 x 5 year Lease commenced Feb 2022
Base Rent $9,365 per month plus GST and Outgoings

Trading Hours
Wednesday Saturday 4pm til late

**Weekly**
Sales $23,000

GSE Hospitality Brokers
GSE Hospitality Brokers
Suite 201,110 Pacific Highway
North Sydney, NSW 2060
Kristy Green
Kristy Green
0480 507 573

Business Highlights

Business ID2019610945
Floor AreaAsk Business Broker
Category
Last updated  4 Nov 2024
Map for City ACT 2601
Map for City ACT 2601City ACT 2601
Inspections
Documents
GSE Hospitality Brokers
GSE Hospitality Brokers
Suite 201,110 Pacific Highway
North Sydney, NSW 2060
Kristy Green
Kristy Green
0480 507 573

Business Highlights

Business ID2019610945
Floor AreaAsk Business Broker
Category
Last updated  4 Nov 2024

Listed by

Kristy Green
Kristy Green
GSE Hospitality Brokers
Call
0480 507 573

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