Sold business 3451538
Business NO.:
3451538
Status:
Active
Price:
$100,000 - $110,000
Updated on:
29/09/2025

Steam & Stew Kitchen — CBD Asian-Fusion / Noodle House

Restaurant | Business for Sale | Adelaide

The Phone Code for this property is: 98940. Please quote this number when phoning or texting.

Located in Renaissance Arcade (Rundle Mall precinct), Steam & Stew Kitchen offers an established Asian-fusion / noodle house concept, combining steamed, stewed and noodle‑based menu items. The outlet has strong digital footprint (UberEats, DoorDash) and benefits from high foot traffic in the Adelaide CBD.

With room for improvements to trading hours and marketing, this is a rare opportunity to own a city‑center F&B business with both dine-in (arcade) and delivery capability.

Key Features & Highlights

Prime central location in Renaissance Arcade, Adelaide

Active on Uber Eats & DoorDash, with visible menu and delivery traction.

Asian / fusion menu (noodles, soups, stir fry, steam & stew combos)

Compact operations, suitable for an owner-operator or small team

Clean, modern fit-out including kitchen, steamers, woks, refrigeration, POS

Potential to revive footprint, extend trading hours or add promotions

Delivery + takeaway infrastructure already in place

Traffic, Reputation & Market Positioning

Located in a bustling pedestrian arcade zone with adjacent retail, office workers and shoppers

Menu positioning appeals to lunch/dinner crowd seeking quick Asian bowls, soups, stir-fries

Some online review feedback suggests average to good service/quality — room for brand strengthening and consistency

Arcade format helps with overhead control and lower street rent exposure

Financials & Projections (Indicative / Vendor-Provided)

(Precise financials and lease terms will be available under NDA to qualified buyers.)

Current annual turnover (delivery + dine-in) is estimated in the mid-to-high six figures (vendor to confirm)

Rent is modest relative to CBD exposure (to be disclosed)

Operating with lean staffing and efficient cost structure

Scope for growth via extended hours, catering, promotions, lunch/dinner combos

Growth & Upside Potential

Expand into dinner, late-night or weekend trade

Position as premium noodle-house brand with brand identity refresh

Partner with corporate offices for lunch delivery contracts

Introduce seasonal specials, set menus, loyalty programs

Use social media, influencer marketing, food bloggers to boost awareness

Handover & training: Vendor will assist with transition

Confidentiality: Detailed financials and lease terms provided only to serious prospects under NDA

Contact for Inspection & Information

For a confidential discussion or to request the information pack, please contact:

Plan B Sales -

Inspection strictly by appointment.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

For more details, please email broker or call agents.


19 William St, Balaclava, VIC 3183