Restaurant - Bar - Mediterranean - Canberra - Nets over $7000 p.w.

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Internal Ref: CB1540

Summary

SBX Code: CB1540 - Restaurant - award winner for 3 years. -Beautiful presentation - Takings $22,000 p.w. -Modern kitchen.

Rent

$1,500 pw

Net Profit

$7,675 pw

Location Details

Situated in small shopping complex in well established Canberra suburb with high residential demographics.

Potential

Target functions and weddings - Utilise social media pages.

Hours

6 days - Tues. - Sun. - 6.00 p.m - 10.00 p.m -Fri. - Sun. - 12.00 p.m. - 3.00 p.m.

Lease

Current 5 years lease commenced May, 2023 + 5 year option - C.P.I.increases - Bond 3 months.

Employees

1 owner + 2 full timers + 4 casuals.

About the Business

Restaurant - Bar - Mediterranean Cuisine - Canberra

SBX Code: CB1540
Restaurant, multiple award winning, offering a state of the art decor and a memorable dining experience. The cuisine is based on Mediterranean flavours and dishes, and includes choices from the bread oven, a wide range of entrees, charcoal grilled meats, a selection of mouth-watering seafood dishes and an exciting range of popular Mediterranean meals, with pastas and pizzas included. A set menu can be ordered, and tempting desserts complete a truly delicious offering. The attractive well-stocked bar is notable for its wide choice of wines and spirits. Ipad meal ordering is utilised. No expense was spared in equipping the expansive kitchen, which is very well-ordered and equipped with modern appliances including freezer, walk-in coolroom, charcoal grill, 4 burner gas grill, flat grill, 8 burner gas stove, 2 x double deep fryer, combi oven and pizza oven. A large storeroom is available.

Features
Easy to manage - Great location - Good lease and rent - Beautiful presentation - Modern kitchen - Strong local support - Successive multiple award winner 2024/25/26.

Premises
Prominent frontage with attractive and welcoming entrance. Amazing interior decor, and featuring state of the art kitchen.

Comments
Misc.- 1 -Waste removal - Security is back to base alarm - The 2 group coffee machine is vendor owned and included - Owners wage added back to reflect owner/operator buyer - Owner prepared to offer a 2 month transition period.

SBX Code: CB1540

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