Here's your chance to take over one of Canberra's most warmly regarded dining venues, ideally located in the buzzing heart of Braddon. Known for its welcoming atmosphere, quality food, and loyal local following, this restaurant has built a reputation that speaks for itself.
Currently trading just 5.5 days per week, there's clear potential for growth by adding Sunday service and tapping into even more of Braddon's steady flow of diners.
Having opened in early 2019, the restaurant has steadily grown into a mainstay of the local dining scene. Guests consistently rave about the food, the friendly service, and the space's rustic charm - reflected in its impressive 4.6-star rating on Google.
Key Highlights:
* Proven Performer - With over five years of consistent trade, this venue is well established with a strong track record of satisfied customers and repeat business.
* Top-Tier Location - Situated in Braddon's hospitality and entertainment district, the restaurant benefits from constant pedestrian traffic and high visibility.
* Generous Capacity - Inside seating for 55 plus a fully enclosed alfresco area make it a versatile space for a variety of dining experiences.
* Licensed for 79 - The liquor licence allows flexibility for larger groups and events.
* Favourable Lease Terms - Rent is just $1,660 per week (plus GST and outgoings), equating to approximately 9% of turnover. Lease secured until 2030.
* No Major Capital Outlay Needed - The current owner has recently upgraded key equipment and flooring, so everything is set up and ready to go from day one.
* Strong Staff Structure - A full, capable team is already in place, making this a smooth, low-risk acquisition for an incoming operator.
* Support Available - The current owner is open to offering transitional support to ensure the handover is smooth and successful.
* Income Generated for a Working Owner - $1,947 per week
This is the perfect opportunity for an experienced operator or enthusiastic newcomer to step into a profitable, well-established restaurant in one of Canberra's most dynamic and in-demand locations.
**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 March 2019
Base Rent $7,193.87 per month plus GST and Outgoings
Opening Hours
Monday - 5.30pm - 9.30pm
Tuesday - Saturday 12 - 2.30pm, 5.30pm - 9pm
Sunday - Closed
**Weekly**
Sales $22,655
