Established fine dining restaurant for Sale

11 days ago

Private Seller

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Summary

Established restaurant located in Campbell. High traffic volume from government offices and schools nearby with easy parking access. Fully equipped kitchen & timeless decor. Weekly turnover 30K.

Revenue

$30,000 pw

Rent

$1,736 pw

Location Details

3/16 Blamey Place, Campebll, ACT 2612
Located in Campbell Shops with heavy traffic during the day from residents as well as local schools and government offices nearby. Parking is available at the doorstep.

Lease

Lease ends Dec 19 with renewable options of 5 years.

Reason for Sale

Sale is due to an expansion of our business, the current venue can no longer cope with our needs for growth.

About the Business

The business has been established by one of the most successful restaurant groups in Canberra specialising Asian cuisine. It has been running for over 10 years and has accumulated a strong following. Campbell is experiencing a strong growth in residents with new apartment complex due to be finished next year. Besides, the suburb offers the most desirable demographics in Canberra with high disposible income in households. And given the proximity to government offices and local schools, it offers great potential to the next owner to fulfill business goals.

Please note: The business for sale only applies to the premise that can include furniture, glassware and crokery, which enables the new owner to operate right away and with minimal upfront cost. However, the name for the business is not for sale with the indicated selling price.

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