Potential:
This is the perfect blank canvas with all of the hard work done. Turn it into any bar/restaurant/café that you desire.
Reason for Sale:
The owner has to leave Canberra for personal reasons.
About the Business:
This exquisite site has been remarkably fit out in stunning detail. Over $500k has been plunged into this gorgeous restaurant, however, it can easily be set up as a cocktail lounge, bar, café or even a fine dining restaurant, whatever you desire.
Located a stone's throw from the extremely popular 86 South and the Albi, the area is high growth, high population and ready for major expansion. The first 2 quarters trade brought in combined revenue of over $200k for a brand new start up with very little advertising.
The location is proven and the opportunity very exciting! Currently seating is 32 inside and 7 outside, with capacity set at 43. This is an enormous opportunity to jump into a space purpose built for high end, ready to roll right now. Very single detail has been well and truly thought through to provide an undeniably beautiful place.
Opportunities like this are extremely rare where all of the work has been done. A stunning full commercial kitchen on top of an incredibly beautiful fit out make this an opportunity not to miss.
Over $500k was pumped into this magic location yet we are only seeing $300k to allow the owner to move from Canberra for personal reasons. If you would like to arrange a time to view the venue, please call Andrew from Summit today on 0418 676 400.
