24 Lonsdale Street, Braddon ACT 2612

With an excellent location & in the heart of the Canberra, this business has huge potential for an owner that brings an enthusiastic outlook. Business is 1 year old and already shown huge potential as it's one of its kind. Owner operated and the owner had done all the hard work and it's moving towards the auto-pilot mode. Bar infrastructure in place but due to the nature of the business current owner has decided not to go ahead with liquor license. New owner may choose to operate bar as well.

This is a regrettable sale however due to family priorities, owner had decided to sell this beautiful creation. Owner is not in hurry to sell so will only sell at right price. The venue currently trades 7 nights and 4 lunches a week. This business currently employs 6 staff.
Seating Capacity: 80 (inside and outside)

This would suit someone who is looking to operate as family business, single owner or has passion to run with their own creation. This venue also has the potential to obtain a liquor license if needed.

Currently owner operated we run a fully functional commercial kitchen.

Location is the heart of Canberra city and close to the Canberra Centre and to lot of hotels hence attracts a lot of foot traffic.

Potential
With the size of this business, location and a strong lease the new owners can put some strong plans in for the future. One of its kind in Canberra.

Some of the potential items the new owners can consider immediately:

- Get the liquor licence and operate bar.
- Look at introducing lunches 5 days a week.
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This is one of those business that is far from its full potential so the new owners are picking up a strong business that will respond to fresh changes immediately.

Features
-Business is fully fitted and ready to make money immediately.
-Kitchen has all stainless steel bench tops and quality appliances
-Surrounded by commercial buildings, hotels, shopping centres and large walk past traffic
-2 Allotted underground parking.

Premises
-All the equipment is owned not leased
-Open commercial kitchen
-Enough cold storage
-Reasonable lease with 10 years
-2 tap beer system already installed

Area - 145m2

Location - Braddon

Lease - 10 years

Financials
-Reasonable lease and reasonable rent
-Turnover and profit to be discussed upon interest

Price
Owner is not in hurry to sale so unreasonable offers and time wasters will be ignored.

Confidentiality Agreement
To release further details about this business a confidentiality agreement must be completed. To proceed further please contact at m.parker.food@gmail.com.Wi