COVID-19: Updated guidelines for your safety
Indian Restaurant, South Canberra | Brand New Lease | $15k per week sales

(no street name provided), Canberra ACT 2601

$175,000

BusinessSize: n/a

For sale is a popular Indian Restaurant located in the South of Canberra. The Restaurant is well established and enjoys a strong reputation for providing high quality Indian food. The Restaurant is fitted out to the absolute highest calibre with a fit out that cost half a million dollars and it still presents as new.  

The Business started in 2012 and in 2017 it moved into its current location which enjoys a spacious 220 square meter footprint with a fully stocked bar and a full commercial kitchen. The owner has recently negotiated a brand new 5 x 5 year lease at favourable rental terms.

The Restaurant seats 80 people comfortably and has an outdoor area that can also be utilised. The business offers its own delivery service as well as utilising external delivery companies. Sales are currently at $15,000 per week and are forecast to grow to around $20,000 in the near future as the business continues to grow.

The business has a strong online presence with a carefully built reputation for offering high quality food and they offer offsite catering and group bookings with a fully functional website

The owner is now looking to retire and pass the business on to new owners who can take advantage of the opportunity to further grow and develop this well established and attractive business.

Sales $15,000 per week

Rent $1,550 per week

* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.

When to inspect

No open times scheduled
Contact agent to arrange an inspection.

Key details

Property Type:Business

Property history
New

Suburb and property insights

Median salesMedian sales
 
Average Age
24 years
Population
4,276
Canberra's Property Profile
Canberra's Occupancy

Contact agents

GSE Business Consultants

View agency details
Robert IllsleyGSE Business Consultants
Please send me information on (no street name provided), Canberra ACT 2601
Only to be used for sending genuine email enquiries to the Agent. All Homes Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Listing ID: 178707284. This listing has been viewed 73 times. It was first displayed on 16/09/2020 and last updated on 16/09/2020.
  • Surrounding suburbs

    • Braddon, ACT
    • City, ACT
  • Allhomes

  • More