SBX Business Brokers

Search For Businesses For Sale

For SaleCanberra

Restaurant - Bar - Mediterranean Cuisine

Business Code: CB1540

$595,000

Enquire now

+ Estimated Stock (SAV) $20,000

Stock image for illustration only. Real photos are available after you register as a buyer.

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

State: ACT

Suburb: Canberra

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

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

Business Overview

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.

Owner wishes to relocate for family reasons.

Sale Reason

2023

Established

On site.

Parking

1 owner + 2 full timers + 4 casuals.

Employees

6 days - Tuesday to Sunday: 6.00 pm to 10.00 pm. Friday to Sunday: 12.00 pm to 3.00 pm.

Trading Hours

Current 5 years lease commenced May 2023 + 5 year option - CPI increases - Bond 3 months.

Lease

Features

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

Potential

Target functions and weddings - Utilise social media pages.

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.

Related Businesses For Sale

Restaurant / Bar

Restaurant / Bar

Eastern Suburbs SydneyNSW

$270,000

PM1093

View
Restaurant - Japanese Cuisine - Takeaway

Restaurant - Japanese Cuisine - Takeaway

Eastern SuburbsNSW

$200,000

FN1355

View
Cafe - Restaurant

Cafe - Restaurant

West SydneyNSW

$450,000

AD1002

View
Restaurant - Thai Cuisine - Takeaway

Restaurant - Thai Cuisine - Takeaway

Inner WestNSW

$589,000

W2016

View
Restaurant - Japanese Cuisine - Takeaway

Restaurant - Japanese Cuisine - Takeaway

Sydney CBDNSW

$350,000

FN1375

View
Franchise - Cafe - Takeaway

Franchise - Cafe - Takeaway

North West SydneyNSW

$140,000

PM1064

View