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

BusinessSize: n/a
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 michael.newham@finnbusinesssales.com.au

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$0
 
The Finn Group

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What's Nearby

Macquarie PrimaryPrimary School
1.8km
Canberra High School, MacquarieHigh School
1.6km
Calvary Private HospitalHospital
2.1km
Belconnen MallMajor Shopping Centre
0.5km
University Of Canberra, BruceUniversity
1.2km
Lake Ginninderra CollegeCollege
0.3km
Belconnen Post OfficePost Office
0.4km

Canberra Suburb Information

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

Contact agents

The Finn Group

The Finn Group

View agency details
Michael NewhamThe Finn Group
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Listing ID: 177945789. This listing has been viewed 22 times. It was first displayed on 12/02/20 and last updated on 12/02/20.