Summary
Extensively renovated licensed restaurant in Cleveland. Recent fit-out throughout, full commercial kitchen, ready to trade. Walk-in walk-out at asset value. No financials provided. Genuine sale.
Location Details
Established dining precinct in Cleveland, Redland City. Street-level shopfront with strong pedestrian exposure and nearby parking. Recently renovated dining and kitchen areas. Lease details on enquiry.
Potential
Fully fitted, recently renovated licensed premises ready for immediate trade under a new operator's concept or an established brand. Commercial kitchen and dining fit-out already in place, avoiding the cost, council approvals and lead time of building from scratch. Suited to an owner-operator, an experienced restaurateur expanding, or an operator seeking a licensed Cleveland site. Liquor licence transferable subject to OLGR approval. No representation is made as to past or future trading performance.
Skills
Suited to a hands-on owner-operator with hospitality or commercial kitchen experience. Prior restaurant management, food safety knowledge and an RSA/approved manager qualification for the liquor licence are advantageous. No formal qualifications required to purchase, however the incoming operator must satisfy OLGR licensing requirements and Redland City Council food business licensing.
Hours
Currently owner-operated. Trading hours flexible and at the discretion of the new operator, subject to lease terms.
Lease
Lease in place. Term, options and rent available on enquiry. Assignment subject to landlord consent.
Employees
Currently owner-operated with minimal staff, providing a clean handover with no significant accrued employee entitlements to adjust at settlement. New operator free to staff according to their own model. Staffing arrangements discussed on enquiry.
Reason for Sale
Owner is redirecting time and capital to other business interests and is seeking a straightforward walk-in walk-out sale. The premises are offered at asset value with no financials provided. Priced for a genuine, timely settlement rather than a protracted marketing campaign.
About the Business
A recently renovated, fully fitted licensed restaurant in Cleveland, offered walk-in walk-out at asset value.
The premises are presented in ready-to-trade condition with an extensive recent fit-out throughout the dining and kitchen areas. The sale includes the full commercial kitchen and front-of-house fit-out, furniture, plant and equipment.
Key infrastructure already installed includes commercial exhaust canopy and make-up air, grease trap, three-phase power, cool room and full kitchen plumbing and services. It is in place, operational and inspectable.
Liquor licence in place and transferable subject to OLGR approval. Redland City Council food business licence held. Lease in place with assignment subject to landlord consent.
Suited to an owner-operator, an established restaurateur expanding into the Redlands, or an operator bringing a different concept to a licensed, fully serviced site.
This is a walk-in walk-out sale. No financials are provided and no representation is made as to past or future trading performance. Buyers should make their own enquiries and satisfy themselves as to all aspects of the business and premises.
Inspection by appointment. Genuine enquiries welcome.
History
Operated as an independent Indian restaurant since 1990s. The premises have been extensively renovated by the current owner and are offered walk-in walk-out. Further detail available on enquiry.
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