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Restaurant - Bar - Functions - ACT - (Code: CB1538)

Restaurant - Bar - Functions - ACT location -Award Winning - Netting $6,000 p.w

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Price: $249,000






Weekly Takings (inc GST) $20,000
Cost of Goods $6,500
Gross Profit $13,500
Rent $1,650
Wages $5,000
Outgoings $
Telephone $50
Insurance $70
Electricity $350
Gas $250
Misc 1 $100
Misc 2 $
Total Expenses $7,470
Net Profit $6,030
Coffee Kilos P/W 0.0

Estimated Stock

$70,000
(Additional)

Equipment

$125,000
(Included)
All other values
exclude GST
General Description
<p>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.</p>

Potential
Target social media - Open for lunch Fri/Sat.

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.

Location
Prime location in busy small shopping strip in delightful ACT suburb.

Trading Hours
6 days - Monday to Saturday: 5.30 pm to 10.00 pm.

Lease
Current 5 year lease commenced October 2022 + 5 + 5 + 5 years - CPI increases - Bond 3 months.

Employees
2 owners + 4 full timers + 3 casuals.

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 Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXCB1538

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