Internal Ref: 118241461
Summary
Steam & Stew Kitchen offers an established Asian-fusion / noodle house concept, combining steamed, stewed and noodle-based menu items. The outlet has strong digital footprint (...
Location Details
31 Renaissance Arcade
About the Business
The Phone Code for this property is: 98940. Please quote this number when phoning or texting.
Located in Renaissance Arcade (Rundle Mall precinct), Steam & Stew Kitchen offers an established Asian-fusion / noodle house concept, combining steamed, stewed and noodle‑based menu items. The outlet has strong digital footprint (UberEats, DoorDash) and benefits from high foot traffic in the Adelaide CBD.
With room for improvements to trading hours and marketing, this is a rare opportunity to own a city‑center F&B business with both dine-in (arcade) and delivery capability.
Key Features & Highlights
Prime central location in Renaissance Arcade, Adelaide
Active on Uber Eats & DoorDash, with visible menu and delivery traction.
Asian / fusion menu (noodles, soups, stir fry, steam & stew combos)
Compact operations, suitable for an owner-operator or small team
Clean, modern fit-out including kitchen, steamers, woks, refrigeration, POS
Potential to revive footprint, extend trading hours or add promotions
Delivery + takeaway infrastructure already in place
Traffic, Reputation & Market Positioning
Located in a bustling pedestrian arcade zone with adjacent retail, office workers and shoppers
Menu positioning appeals to lunch/dinner crowd seeking quick Asian bowls, soups, stir-fries
Some online review feedback suggests average to good service/quality — room for brand strengthening and consistency
Arcade format helps with overhead control and lower street rent exposure
Financials & Projections (Indicative / Vendor-Provided)
(Precise financials and lease terms will be available under NDA to qualified buyers.)
Current annual turnover (delivery + dine-in) is estimated in the mid-to-high six figures (vendor to confirm)
Rent is modest relative to CBD exposure (to be disclosed)
Operating with lean staffing and efficient cost structure
Scope for growth via extended hours, catering, promotions, lunch/dinner combos
Growth & Upside Potential
Expand into dinner, late-night or weekend trade
Position as premium noodle-house brand with brand identity refresh
Partner with corporate offices for lunch delivery contracts
Introduce seasonal specials, set menus, loyalty programs
Use social media, influencer marketing, food bloggers to boost awareness
Handover & training: Vendor will assist with transition
Confidentiality: Detailed financials and lease terms provided only to serious prospects under NDA
Contact for Inspection & Information
For a ...
Connect with us