Canberra
ACT
$1,250,000
Restaurant - Bar - FunctionsPrice: $249,000Net Profit: $6,030 |
Visit this listing at https://www.sbx.com.au/business?id=CB1538 |
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Business Code: CB1538 Key Features: Restaurant - Bar - Functions - ACT location -Award Winning - Netting $6,000 p.w State: ACT Suburb: Griffith, 2603 Location: Prime location in busy small shopping strip in delightful ACT suburb. DescriptionRestaurant, award winning and long established, presenting a cosy and intimate dining experience with a contemporary Australian cuisine menu. Showcasing local produce, and reflecting a commitment to quality and style, the premises presents with a choice of 4 separate areas, with seating capacity capable of providing for small groups to larger functions by combining the rooms. The menu offers a choice of a la carte, banquet or self designed degustation choices, and is an extraordinary voyage into a notable dining experience. The drinks list is a most comprehensive selection of local, regional and global wines and spirits and is overseen by the head sommelier. Kitchen is modern and well-equipped with 2 x walk-in coolrooms, freezer, gas 6 burner stove, grill, deep fryer and 2 x combi ovens. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$20,000Cost of Goods$6,500Gross Profit$13,500Rent$1,650Wages$5,000Telephone$50Insurance$70Electricity$350Gas$250Misc1$100Total Expenses$7,470Estimated Stock (Additional)$70,000Equipment (Included)$125,000Net Profit$6,030Price$249,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Bar - Functions
Business Code: CB1538Price: $249,000
+ Estimated Stock (SAV) $70,000
Key Features: Restaurant - Bar - Functions - ACT location -Award Winning - Netting $6,000 p.w
State: ACT
Suburb: Griffith, 2603
Location: Prime location in busy small shopping strip in delightful ACT suburb.
Business Overview
Restaurant, award winning and long established, presenting a cosy and intimate dining experience with a contemporary Australian cuisine menu. Showcasing local produce, and reflecting a commitment to quality and style, the premises presents with a choice of 4 separate areas, with seating capacity capable of providing for small groups to larger functions by combining the rooms. The menu offers a choice of a la carte, banquet or self designed degustation choices, and is an extraordinary voyage into a notable dining experience. The drinks list is a most comprehensive selection of local, regional and global wines and spirits and is overseen by the head sommelier. Kitchen is modern and well-equipped with 2 x walk-in coolrooms, freezer, gas 6 burner stove, grill, deep fryer and 2 x combi ovens.
Summary
- Key Features: Long established - Excellent reviews - Prime position - Long lease and good rent - Attractive hours - Strong local support - An award winning Canberra institution.
- Potential: Target social media - Open for lunch Fri/Sat.
- Premises: Attractive premises with an area of 400 sq.mts. and step-down access to separate dining areas. Rear access available, with ample storage and walk-in coolroom located at rear.
- Trading Hours: 6 days - Mon. - Sat. - 5.30 p.m - 10.00 p.m.
- Lease: Current 5 year lease commenced Oct, 2022 + 5 + 5 + 5 years - CPI increases - Bond 3 months.
- Employees: 2 owners + 4 full timers + 3 casuals.
- Sale Reason: Time for a change.
- Comments:
Misc.- 1- Waste removal and security - 2 Group coffee machine owned by vendor and included - Security back to base alarm system - Booking software is residiary.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$20,000
Cost of Goods
$6,500
Gross Profit
$13,500
Rent (ex GST)
$1,650
Wages
$5,000
Telephone
$50
Insurance
$70
Electricity
$350
Gas
$250
Misc1
$100
Total Expenses
$7,470
Estimated Stock (Additional)
$70,000
Equipment (Included)
$125,000
Net Profit
$6,030
Price
$249,000
+ Estimated Stock (SAV) $70,000
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