Visit this listing at https://www.sbx.com.au/business?id=CB1540

Business Code: CB1540

Key Features: Restaurant - Bar - Mediterranean -Nets over $7000 p.w. -Canberra

State: ACT

Suburb: Canberra, 2903

Location: Situated in small shopping complex in well established Canberra suburb with high residential demographics.

Description

Restaurant, multiple award winning, offering a state of the art decor and a memorable dining experience. The cuisine is based on Mediterranean flavours and dishes, and includes choices from the bread oven, a wide range of entrees, charcoal grilled meats, a selection of mouth-watering seafood dishes and an exciting range of popular Mediterranean meals, with pastas and pizzas included. A set menu can be ordered, and tempting desserts complete a truly delicious offering. The attractive well-stocked bar is notable for its wide choice of wines and spirits. Ipad meal ordering is utilised. No expense was spared in equipping the expansive kitchen, which is very well-ordered and equipped with modern appliances including freezer, walk-in coolroom, charcoal grill, 4 burner gas grill, flat grill, 8 burner gas stove, 2 x double deep fryer, combi oven and pizza oven. A large storeroom is available.

Summary

  • Features: Easy to manage - Great location - Good lease and rent - Beautiful presentation - Modern kitchen - Strong local support - Successive multiple award winner 2024/25/26.
  • Potential: Target functions and weddings - Utilise social media pages.
  • Premises: Prominent frontage with attractive and welcoming entrance. Amazing interior decor, and featuring state of the art kitchen.
  • Trading Hours: 6 days - Tues. - Sun. - 6.00 p.m - 10.00 p.m - Fri. - Sun. - 12.00 p.m. - 3.00 p.m.
  • Lease: Current 5 years lease commenced May, 2023 + 5 year option - C.P.I.increases - Bond 3 months.
  • Employees: 1 owner + 2 full timers + 4 casuals.
  • Sale Reason: Owner wishes to relocate for family reasons.
  • Comments:

    Misc.- 1 -Waste removal - Security is back to base alarm - The 2 group coffee machine is vendor owned and included - Owners wage added back to reflect owner/operator buyer - Owner prepared to offer a 2 month transition period.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$22,500

Cost of Goods

$6,500

Gross Profit

$16,000

Rent

$1,500

Wages

$5,500

Outgoings

$25

Telephone

$50

Insurance

$250

Electricity

$500

Gas

$400

Misc1

$100

Total Expenses

$8,325

Estimated Stock (Additional)

$20,000

Equipment (Included)

$600,000

Net Profit

$7,675

Price

$595,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Mediterranean Cuisine

Business Code: CB1540
Price: $595,000
+ Estimated Stock (SAV) $20,000

Key Features: Restaurant - Bar - Mediterranean -Nets over $7000 p.w. -Canberra

State: ACT

Suburb: Canberra, 2903

Location: Situated in small shopping complex in well established Canberra suburb with high residential demographics.

Business Overview

Restaurant, multiple award winning, offering a state of the art decor and a memorable dining experience. The cuisine is based on Mediterranean flavours and dishes, and includes choices from the bread oven, a wide range of entrees, charcoal grilled meats, a selection of mouth-watering seafood dishes and an exciting range of popular Mediterranean meals, with pastas and pizzas included. A set menu can be ordered, and tempting desserts complete a truly delicious offering. The attractive well-stocked bar is notable for its wide choice of wines and spirits. Ipad meal ordering is utilised. No expense was spared in equipping the expansive kitchen, which is very well-ordered and equipped with modern appliances including freezer, walk-in coolroom, charcoal grill, 4 burner gas grill, flat grill, 8 burner gas stove, 2 x double deep fryer, combi oven and pizza oven. A large storeroom is available.

Summary

  • Key Features: Easy to manage - Great location - Good lease and rent - Beautiful presentation - Modern kitchen - Strong local support - Successive multiple award winner 2024/25/26.
  • Potential: Target functions and weddings - Utilise social media pages.
  • Premises: Prominent frontage with attractive and welcoming entrance. Amazing interior decor, and featuring state of the art kitchen.
  • Trading Hours: 6 days - Tues. - Sun. - 6.00 p.m - 10.00 p.m - Fri. - Sun. - 12.00 p.m. - 3.00 p.m.
  • Lease: Current 5 years lease commenced May, 2023 + 5 year option - C.P.I.increases - Bond 3 months.
  • Employees: 1 owner + 2 full timers + 4 casuals.
  • Sale Reason: Owner wishes to relocate for family reasons.
  • Comments:

    Misc.- 1 -Waste removal - Security is back to base alarm - The 2 group coffee machine is vendor owned and included - Owners wage added back to reflect owner/operator buyer - Owner prepared to offer a 2 month transition period.


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

$22,500

Cost of Goods

$6,500

Gross Profit

$16,000

Rent (ex GST)

$1,500

Wages

$5,500

Outgoings

$25

Telephone

$50

Insurance

$250

Electricity

$500

Gas

$400

Misc1

$100

Total Expenses

$8,325

Estimated Stock (Additional)

$20,000

Equipment (Included)

$600,000

Net Profit

$7,675

Price

$595,000
+ Estimated Stock (SAV) $20,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.