Skip to main content

Food, Beverage & Hospitality business for sale in City

  • Food, Beverage & Hospitality
  • City ACT 2601
  • $300,000 + SAV

Premier Fine Dining Restaurant & Bar in South Canberra

Are you looking to invest in a thriving and highly reputable fine-dining restaurant and bar? This is a rare opportunity to acquire a prestigious business located in a growing and desirable area of Canberra. Surrounded by government offices and upscale apartments, this establishment enjoys a prime position that attracts a steady stream of clientele making it an ideal venture for an astute investor or an experienced restaurateur.

This popular fine-dining restaurant and bar has gained a stellar reputation for its exquisite cuisine, exceptional service, and elegant ambiance. Every detail has been meticulously crafted to create an unforgettable dining experience. The restaurant boasts a near-new premium fit-out, featuring top-of-the-line fixtures, fittings, and equipment. This modern and stylish interior creates a warm and inviting atmosphere that distinguishes it from other dining options in the area.

The restaurant is nestled amidst government offices and high-end residential apartments ensuring a large amount of foot traffic passing by. The restaurant currently only operates for dinner from Wednesday to Saturday, and lunch on Friday, meaning there is scope to increase the operating hours. The strategic location not only attracts professionals looking for a sophisticated lunch or after-work drinks but also appeals to residents seeking a premium dining experience close to home. The lack of direct competitors in the vicinity further enhances the business's unique position making it the go-to destination for fine dining and social gatherings.

The business comes with a long-term lease in place, securing your investment until 2029. The favorable lease terms provide peace of mind and stability, allowing you to focus on growing and nurturing the business. Currently, the restaurant is successfully run under management, demonstrating its strong operational foundation and the capability of the existing team. This setup offers an excellent opportunity for a hands-off investor, while still allowing room for an owner-operator to make their mark and drive the business to new heights.

Key Features:

- Reputable fine dining restaurant and bar - known for its high-quality cuisine, exceptional service, and elegant ambiance.
- Prime location surrounded by government offices and upscale apartments, ensuring a continuous flow of customers.
- No direct competitors nearby - enjoy the benefits of being the primary choice for fine dining and social gatherings in the area.
- Near-new premium fit-out - modern and stylish interior with top-of-the-line fixtures and equipment.
- Long lease until 2029 - secure your investment with favourable lease terms.
- Currently run under management - a strong operational foundation with the potential for hands-off investment.
- Steady and diverse clientele - attracts professionals, residents, and visitors looking for a sophisticated dining experience.

This is a highly profitable business with a proven track record attained after only 2 years of operation and there is significant potential for further growth.

Don't miss out on this unique chance to own a premier dining establishment in Canberra's South!

For more information on this exciting opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinsesssales.com.au

Business Highlights

Business ID2019282226
Floor AreaAsk Business Broker
Category
Last updated  16 Nov 2024
Map for City ACT 2601
Map for City ACT 2601City ACT 2601
Inspections
Documents

Business Highlights

Business ID2019282226
Floor AreaAsk Business Broker
Category
Last updated  16 Nov 2024

Listed by

Michael Newham
Finn Business Sales.
Call
0419 263 014

More businesses for Sale by Finn Business Sales.

$1,229,000 + SAV
Brisbane City QLD 4000
Industrial & Manufacturing
$450,000 (GST na)
Launceston TAS 7250
Food, Beverage & Hospitality
Open to offers
Narrabundah ACT 2604
Shop & Retail