Restaurant - Bar - Mediterranean -Nets over $7000 p.w. -Canberra - CB1540

Restaurant - Bar - Mediterranean Cuisine - Canberra - Agent SBX Code Number: CB1540

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.

Potential
Target functions and weddings - Utilise social media pages.

Features
Easy to manage - Great location - Good lease and rent - Beautiful presentation - Modern kitchen - Strong local support - Successive multiple award winner 2024/25/26.

Premises
Prominent frontage with attractive and welcoming entrance. Amazing interior decor, and featuring state of the art kitchen.

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

Trading Hours
6 days - Tuesday to Sunday 6.00 pm to 10.00 pm. Friday to Sunday 12.00 pm to 3.00 pm.

Lease
Current 5 years lease commenced May 2023 + 5 year option - CPI increases - Bond 3 months.

Employees
1 owner + 2 full timers + 4 casuals.

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.

Figures
Weekly Sales $22500
Rent (ex GST) $1500
Wages $5500
Profit $7675

Agent SBX Code Number: CB1540 - SBX Business Brokers

For more details, please email broker or call agents.