Licensed restaurant for sale.
This well-known licensed restaurant is located in a distinctive, independent building and has its own parking area. Located in the heart of the suburbs, this authentic restaurant offers a complete dining experience. Two dining halls separated by a water fountain amidst a serene courtyard make for an intimate night out, a peaceful family dinner or a lively group function. Option to use one hall for parties and functions and the other for the regular customers.
Business Highlights:
- A professionally run restaurant with all the systems and procedures in place.
- This restaurant has a commercial kitchen with all the tools and equipment.
- Heaps of function and party bookings. fully booked on special occasions such as Mother’s Day and Valentine’s Day.
- Strong website and Instagram presence, and an online booking platform.
- Deliveries and takeaway are continuously available.
- Restaurant set up worth approximately $175,000/-.
- Gross weekly takings of approx. $12,000 to $14,000
- Base weekly rent approx. $1966 plus GST and outgoings.
- Lease: long lease of around 17 years (commenced in Apr 2019 for five years plus three terms of five years).
- Sitting capacity of approx. 120
- Timings for liquor licenses: 7:00 a.m. to 11:00 p.m. (Sunday 10:00 a.m. to 11:00 p.m.)
Trading hours:
Monday | Closed |
Tuesday to Thursday | 5:30–9:30 pm |
Friday | 5:30–10:00pm |
Saturday | 12:30–10:00pm |
Sunday | 5:30–10:00pm |