Massive opportunity to buy in the right location. Restaurant/Cafe/Bar.

Bunda Street,Canberra ACT 2601

$265,000

BusinessSize: n/a
Block size: 697 m² approx.

Summary:Lola's is an amazing business turning over great numbers on a monthly basis. The location cannot be beaten and the fit out is exquisite.


Potential:This business has it all, location, fit out, atmosphere, the ability to trade whatever hours suitand a massive Canberra audience to market your dream.

About the Business: Lola's is a stunning restaurant, late night eatery in the heart of Civic. Location could not be better. Located right next door to one of the cities hottest night spots, Shorty's, the flow on traffic is immense.

Well over $1million has been spent on this spectacular fit out. It is a truly stunning space with an equipment list as long as your arm including an enormous pizza oven. Every single consideration has been thought of when putting together this business.

Currently set as a restaurant servicing late night trade only 5 nights a week, the opportunities are endless to operate as you please. How do you see your dream? Same as it currently trades? No problem. Brekkie, lunch and dinner 7 days? Done. Follow your dream because this business has the capacity to be whatever you want it to be.

The asking price is only $265,000 + SAV. Why sell so low considering the money spent on the fit out, including all equipment was well over $1million? With multiple business ventures and a change in personal circumstances, the owners have been prevented spending the time on this venture to drive it to where they would really like the business to be. Rather than forcing themselves to find time they simply don't have, the owners have set a price for an immediate sale to give someone else the rare opportunity to thrive in this exciting venue without the standard entry costs you would expect.

For more information on this incredibly unique opportunity, call Andrew from Summit Business Brokers today on 0418 676 400.

Inspections

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

Key Details

Property Type:Business
Block Size:697 (approx)
Stamp Duty:$0

What's Nearby

Ainslie Primary School, AinsliePrimary School
1.3km
Campbell High School, CampbellHigh School
1.7km
Calvary Private HospitalHospital
5km
Canberra CentreMajor Shopping Centre
0.4km
Australian National UniversityUniversity
1.1km
Merici CollegeCollege
1.8km
City Post OfficePost Office
0.4km

Canberra Suburb Information

 
 
Average Age
24 years
Population
2,824
Canberra Profile
Canberra Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on Bunda Street, Canberra ACT 2601
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This listing has been viewed 82 times. It was first displayed on 13/09/19 and last updated on 13/09/19.