Profitable & Popular Restaurant/Cafe in Fantastic Location Beside the Lake! A Huge 74% Return on Investment!*
- Bella Vista Restaurant, Canberra ACT 2601
$249,000 + SAV
As the name implies, Bella Vista boasts beautiful views, but it is certainly not the only attraction of this lakeside restaurant/cafe. The friendly staff, accompanied by their decadent food and wine served on the terrace, all provide for a beautiful experience for their customers.
Bella Vista Restaurant/cafe has been established for over 30 years and has certainly stood the test of time. The current owners of this well respected restaurant have been dedicated to their customers for over 12 years, however it is now time to move on to new challenges so their much loved business is on the market to be sold.
The restaurant is currently open for lunch Mon - Fri and dinner Mon - Sat. Sunday's are currently dedicated to private functions, however this could be changed if so desired. The restaurant's opening hours could also be expanded to offer breakfast - the choice is yours!
Key Features & Benefits: * Long established & profitable restaurant * Beautiful lakeside location with amazing views across Lake Ginninderra * Spacious outdoor terrace right beside the lake for dining in the warmer months * Well respected within the community with a large and diverse regular clientele * An enormous amount of residential construction currently being undertaken nearby bringing with it thousands of new residents looking for dining and takeaway options * Fully licensed and BYO * No direct competitors nearby * A long-term lease in place * Experienced and dedicated staff who are willing to stay on with the new owner * Huge 74% Return on Investment based on the owner's Adjusted Earnings Schedule as calculated from the available 2019 Financial Statements and the current asking price (not including stock outlay) * The business would be best suited to an owner-operator such as a couple or partnership in order to maximise profits and reduce wages
With the warmer months upon us, this is the perfect time and opportunity to kickstart your new venture! Don't delay making an enquiry TODAY!
Sale Price $249,000 + SAV
For more information about this amazing opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email firstname.lastname@example.org
No open times scheduled. Contact Agent to arrange a viewing.
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