Internal Ref: CB1538
Summary
SBX Code: CB1538 - Long established with excellent reviews -Long lease and good rent -An award winning institution. - Netting $6,000 p.w.
Rent
$1,650 pw
Net Profit
$6,030 pw
Location Details
Prime location in busy small shopping strip in delightful ACT suburb.
Potential
Target social media - Open for lunch Fri/Sat.
Hours
6 days - Mon. - Sat. - 5.30 p.m - 10.00 p.m.
Lease
Current 5 year lease commenced Oct, 2022 + 5 + 5 + 5 years - CPI increases - Bond 3 months.
Employees
2 owners + 4 full timers + 3 casuals.
About the Business
Restaurant - Bar - Functions - ACT
SBX Code: CB1538
Restaurant, award winning and long established, presenting a cosy and intimate dining experience with a contemporary Australian cuisine menu. Showcasing local produce, and reflecting a commitment to quality and style, the premises presents with a choice of 4 separate areas, with seating capacity capable of providing for small groups to larger functions by combining the rooms. The menu offers a choice of a la carte, banquet or self designed degustation choices, and is an extraordinary voyage into a notable dining experience. The drinks list is a most comprehensive selection of local, regional and global wines and spirits and is overseen by the head sommelier. Kitchen is modern and well-equipped with 2 x walk-in coolrooms, freezer, gas 6 burner stove, grill, deep fryer and 2 x combi ovens.
Features
Long established - Excellent reviews - Prime position - Long lease and good rent - Attractive hours - Strong local support - An award winning Canberra institution.
Premises
Attractive premises with an area of 400 sq.mts. and step-down access to separate dining areas. Rear access available, with ample storage and walk-in coolroom located at rear.
Comments
Misc.- 1- Waste removal and security - 2 Group coffee machine owned by vendor and included - Security back to base alarm system - Booking software is residiary.
SBX Code: CB1538
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