Summary
A rare opportunity to acquire a fully fitted, licensed restaurant in the heart of Adelaide CBD. With over $200,000 invested in the original fit-out, simply take over and start trading immediately.
Location Details
An outstanding opportunity to acquire a beautifully presented and fully licensed restaurant in the heart of Adelaide CBD.
Reason for Sale
The owner is pursuing other business opportunities and is looking to pass this well-presented venue on to a new operator. The business is fully operational and trading, with all equipment, licences and systems in place. This is a genuine sale, and the owner is willing to provide training and a smooth handover to ensure a successful transition.
About the Business
Premium Licensed Restaurant & Bar – Adelaide CBD
An outstanding opportunity to acquire a fully fitted, licensed restaurant in one of Adelaide CBD’s most sought-after hospitality precincts.
With over $200,000 invested in the original fit-out, this venue represents exceptional value. Establishing a restaurant of this standard today could easily cost $300,000–$400,000, taking into account the commercial kitchen, exhaust system, bar, furniture, liquor licence, council approvals and fit-out. Everything is already in place, allowing the new owner to start trading immediately.
The business currently operates as Chirin Asian Restaurant & Bar, offering dine-in, takeaway and delivery services. The modern layout and quality fit-out make it suitable for a wide variety of concepts, including Chinese, Japanese, Korean, Thai, Vietnamese, Malaysian, Indian, Nepalese, café, wine bar or modern Australian dining.
Key Features
• Prime Adelaide CBD location near Chinatown
• Fully licensed premises
• Premium restaurant fit-out with over $200,000 invested
• Fully equipped commercial kitchen
• Modern dining room and stylish bar
• Established online ordering and delivery platforms
• Quality plant and equipment included
• Approx. 4 years remaining on the current lease (subject to landlord approval)
• Walk-in, turnkey business – no further fit-out required
• Suitable for owner operators, family businesses or hospitality groups
The sale includes the business goodwill, plant and equipment, furniture, branding, website, supplier contacts and operating systems. The owner is happy to provide training and handover to ensure a smooth transition.
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