Internal Ref: 6961289
Summary
Established in 1987. Fully licensed Adelaide CBD restaurant, currently trading Wed–Sat evenings. Licensed for seven-day trading until 5 am. Seats approximately 50. Price negotiable.
About the Business
Fully Licensed Restaurant & Takeaway – Adelaide CBD – Established 1987
Price: Negotiable
An excellent opportunity to acquire a long-established restaurant and takeaway business in the heart of Adelaide’s vibrant Hindley Street entertainment precinct.
Established in 1987, Falafel House has been operating for almost 40 years in a prominent CBD location.
The business is being offered for sale due to retirement, presenting an opportunity for a new owner to introduce their own concept or continue operating an established hospitality venue.
Key Features:
* Prime location at 102 Hindley Street, Adelaide CBD
* Established in 1987 with a long trading history
* Fully licensed premises with permitted trading until 5 am, seven days a week
* Seating capacity of approximately 50 patrons
* Currently trading Wednesday to Saturday evenings
* Potential to expand operating hours and trading days
* Commercial kitchen with existing equipment
* Suitable for a variety of hospitality concepts, subject to relevant approvals
* Business equipment and stock included in the sale
* Excellent exposure within Adelaide’s entertainment precinct
Business Opportunity
The premises offer flexibility for an experienced hospitality operator or someone looking to establish their own restaurant, takeaway or late-night food business.
The late-night trading licence is a particularly valuable feature for an operator wishing to take advantage of the CBD’s evening and nightlife trade.
A new lease may be negotiated directly with the landlord, subject to the landlord’s approval and agreement on terms.
Reason for Sale: Retirement
Asking Price: Negotiable
Inspections: By appointment, Wednesday to Saturday from 7 pm onwards.
Genuine enquiries welcome. Please contact us for further information or to arrange an inspection.
The Phone Code for this property is: 28839. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
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