About the Business

Business ID: XB165678

Long-Standing Adelaide Restaurant with Strong Brand Presence

An outstanding opportunity to acquire one of Adelaide CBD's most established and profitable hospitality venues, perfectly positioned within the city's vibrant dining and entertainment precinct. Successfully operating for over 15 years, this highly regarded restaurant has built a loyal following and enviable reputation for quality food, warm service and consistent performance. Combining handcrafted pizzas, share-style tapas and a sophisticated yet relaxed atmosphere, the business attracts a diverse customer base spanning corporate professionals, city residents, tourists and repeat local diners.

Why This Business Stands Out:

- Annual turnover of approximately $826,000

- Adjusted PEBITDA of approximately $217,000

- Strong gross profit margins exceeding 82%

- Proven and established brand presence

- Stylish two-level fit-out with substantial seating capacity

- Bars located on both levels

- Dedicated private dining and functions space

- Fully equipped commercial kitchen

- Experienced team already in place

- Efficient systems and streamlined operations

- Secure lease with renewal options

- Turnkey operation with immediate cash flow

Terms of Settlement: Terms of handover will be negotiated and included in the business sale contract

This is a rare chance to secure a proven hospitality business with strong branding, a quality location and genuine upside potential in one of Adelaide's most tightly held dining precincts.

Asking Price: $200,000 + Stock at Value (estimated $30k)