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Restaurant - Bar - Mediterranean Cuisine - Canberra - (Code: CB1540)

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

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Price: $595,000






Weekly Takings (inc GST) $22,500
Cost of Goods $6,500
Gross Profit $16,000
Rent $1,500
Wages $5,500
Outgoings $25
Telephone $50
Insurance $250
Electricity $500
Gas $400
Misc 1 $100
Misc 2 $
Total Expenses $8,325
Net Profit $7,675
Coffee Kilos P/W 0.0

Estimated Stock

$20,000
(Additional)

Equipment

$600,000
(Included)
All other values
exclude GST
General Description
<p>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.</p>

Potential
Target functions and weddings - Utilise social media pages.

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.

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

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

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

Employees
1 owner + 2 full timers + 4 casuals.

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

SBXCB1540

For more details please call (02) 9439 4403
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