Kingston Restaurant, $20k P/w Sales, Well Established
Kingston, Australian Capital Territory 2604
$89,000
Key Features
AI generated. Contact seller to confirm.
- Long established restaurant in popular Kingston precinct
- Weekly in-store sales around $20k with no deliveries
- Competitive rent with secure lease through 2026
- Traditional Australian Chinese menu and strong local following
- Priced $89,000, sold WIWO (equipment/inventory included)
- Five day trading, lunch and dinner Tuesday to Saturday
- Turnover: $20,346 per week
- Net Profit: $2,251 per week
- Rent/Lease: $2,139 per week; lease until 2026 with 5-year option to 2031
- Stock Value: Included
- Established: 15 years
Business Details
Business Category Alcohol Liquor Shop Restaurant
Price: $89k WIWO
For sale is a long established Restaurant located in one of Canberra's most popular suburbs for food businesses.
The restaurant opened 15 years ago and the current owners have operated the business for the past 6 years. They are open to selling the restaurant as it is or a buyer with their own idea can purchase an established business with a strong reputation and good infrastructure.
The current offering is traditional Australian Chinese food and the business has a strong local following with many regular customers but the business is priced such that a change of cuisine would be viable.
An ambitious buyer looking to either grow the existing business or enter into the popular dining precinct of Kingston with their own offering will see that this as affordable to purchase with a competitive lease.
The current operator achieves $20k a week based on in store sales with no deliveries which is an obvious potential revenue stream.
This is an affordable and well established Restaurant that anyone looking for a popular venue will benefit from.
Lease Details
The lease runs until 2026 with a 5 year option taking the occupancy out to 2031.
Opening Hours
This is a 5 day operation and the Restaurant is open for Lunch and Dinner Tuesday to Saturday and is closed Sundays and Mondays
**Weekly**
Sales $20,346
Rent $2,139 (inc Outgoings)
Net Profit $2,251
For sale is a long established Restaurant located in one of Canberra's most popular suburbs for food businesses.
The restaurant opened 15 years ago and the current owners have operated the business for the past 6 years. They are open to selling the restaurant as it is or a buyer with their own idea can purchase an established business with a strong reputation and good infrastructure.
The current offering is traditional Australian Chinese food and the business has a strong local following with many regular customers but the business is priced such that a change of cuisine would be viable.
An ambitious buyer looking to either grow the existing business or enter into the popular dining precinct of Kingston with their own offering will see that this as affordable to purchase with a competitive lease.
The current operator achieves $20k a week based on in store sales with no deliveries which is an obvious potential revenue stream.
This is an affordable and well established Restaurant that anyone looking for a popular venue will benefit from.
Lease Details
The lease runs until 2026 with a 5 year option taking the occupancy out to 2031.
Opening Hours
This is a 5 day operation and the Restaurant is open for Lunch and Dinner Tuesday to Saturday and is closed Sundays and Mondays
**Weekly**
Sales $20,346
Rent $2,139 (inc Outgoings)
Net Profit $2,251
What's Nearby
Nearby Locations
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