[bbs-104] Established Café & Restaurant | Prime Jetty Road Location

A rare opportunity to acquire an established and well-known café/restaurant in the heart of Glenelg's Jetty Road precinct.

With approximately $1.5 million in annual sales, a fully licensed operation, seating for approximately 100 customers, substantial premises and additional second-floor space, this business offers an excellent platform for an experienced hospitality operator.

Key Features:
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• Asking Price: $350,000 + SAV
• Annual sales: approx. $1.5 million
• Prime Jetty Road, Glenelg location
• Approximately 200 sqm ground-floor premises
• Additional outdoor dining area
• Second floor providing office and private function space
• Seating capacity of over 100
• Full liquor licence
• Established café/restaurant operation
• Long-term lease commenced 1 May 2024
• Current lease: 5 years + 5-year extension option
• Strong opportunity for private functions, events and group bookings
• Suitable for an experienced owner-operator, hospitality group or investor
• Rental details available to qualified buyers upon enquiry

A Business With Multiple Revenue Opportunities:

The substantial premises provide more than a restaurant footprint, with main dining, outdoor seating and a dedicated second-floor area that can be upgraded for private functions, events, office use or additional revenue-generating activities.

The existing sales level of approximately $1.5 million per annum, combined with the prominent Glenelg location and established trading operation, makes this an attractive opportunity for a buyer looking for an established hospitality business with further potential.

Confidential enquiries welcome. Financial information, lease details and further business information will be provided to qualified buyers following a confidentiality process.

James Zheng
Principal & Director
Delta Business Brokers
91 King William Street, Adelaide SA
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Disclaimer: This business is exclusively listed with Delta Business Brokers-Adelaide CBD. We have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.