City, Australian Capital Territory 2601
$850,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Fully managed operation with strong profitability
- $2M gross annual sales
- Net profit $5,586 per week under full management
- Secure long lease until February 2034
- Licenced venue for 98 persons
- Cost of goods maintained at 32%
- Turnover: $2M
- Net Profit: $5,586 per week
- Rent/Lease: $196,800 plus GST and outgoings
- Stock Value: Not disclosed
- Established: Since 2017
Business Details
Business Category Restaurant
This is a phenomenal opportunity to acquire one of Canberra's most successful hospitality businesses - a rare, high-performing venue in the city's busiest CBD dining precinct. Opportunities like this are seldom available and the first time we have taken anything like this to market before!
This business has been built and grown by a respected leader in the hospitality sector. More than just a venue, it is a brand and model designed for replication, offering strong potential for future expansion.
Operating seamlessly under full management, this venue combines premium lunch and dinner offerings in a fast-casual environment. It is already a well-known and highly regarded brand across Canberra.
Highlights include:
- Fully managed operation with strong profitability
- $42.5 weekly gross sales with consistent year-on-year growth
- $5,586 per week net profit under full management
- Established since 2017 with proven performance
- Licenced Venue for 98 Persons
- Comprehensive financial documentation available for qualified buyers
- Cost of goods maintained at 32%
- Secure long lease until February 2034 in desirable foodie precinct
- Significant expansion potential, with the opportunity to replicate or franchise the brand
This is more than just a business-it is a scalable brand with genuine growth potential, making it an exceptional investment for those looking to secure a foothold or expand further in the hospitality sector.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
Current Lease Term until February 2034
Base Rent $196,800 plus GST and outgoings
Premises Details
163 SqM Premises
Staff Details
This business operates under full management with:
1 x FT FOH Supervisor, 1 x FT Head Chef, 3 x FT Chefs, 3 x FT Cooks
6 x Casual Front of House Staff, 1 x Casual Cleaner
Opening Hours
7 Days 11.30am to 9pm
What's Nearby
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.