Restaurant

You have the option to purchase the plant and equipment, not pay for the goodwill and enter a lease over the premises for $175,000 + GST or purchase this highly successful, very profitable business for $350,000 + SAV.

This opportunity has arisen only as the owners have other business interests.

Trading from a busy main road within 6km approx from the City.

T.O. $26,000+ per week ave..... $1.25m 2024/25. Increased by over $50,000 last year!!

Operates 4 days per week for lunches and 5 evenings for dinner. (Also closes for annual holidays).

Fully licensed for 110 people.

This well Restaurant is known for its authentic cuisine, friendly service and as a result, has many customers.

Dining areas are full of ambiance and has quality well maintained plant and equipment.

Bathrooms fully renovated within the past 12+ months.

Solar panels are in place = greatly reduced electricity bills.

Net Profit over $220,000+ adj for 2024/25.

Would appeal to either an owner operator or a couple/partnership and would suit a number of cuisines.

Vendor will provide a full handover to the Purchaser, in the event that the business is sold as a going concern.

This is a most rare and desirable opportunity and is a must to inspect...whether purchasing as a going concern or for just the plant and equipment/fully fitted out.

Contact Jeff
AdelaideBusinessSales P/L
RLA 60043

Photographs used for illustration purposes only.