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20 Year Old Family-owned Suburban Indian Restaurant In Salisbury For Sale

Salisbury, South Australia
Asking Price:
On request Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

SUMMARY
Rarely do such well curated and transparently managed restaurants become available to the market so offering an excellent opportunity for those seeking to build from very solid foundations.

Looking to retire the proprietors are looking pass on the baton to someone will the energy and vision to untap the considerable potential that lay in this iconic local eatery.

A national award winner this business is realising a recent but dramatic increase in demand via the various online delivery apps that they simply are not able to service so offering the incoming proprietor a chance to develop even greater profitability.

There is also opportunity to increase opening hours and add trading days for the ambitious operator.

OVERVIEW
High profile location meters away from public transport interchange, meters from council chambers and part of the most significant entertainment precinct in the commercial precinct of the busy northern suburb.

Seating for 40 inside and 16 alfresco

Positioned at one of the 2 entrances to the cinema so making it unavoidable for movie goers.

Adjacent car parking so making life easier for delivery drivers and diners alike.

DETAILS
Form 2 and all details have been prepared that demonstrate the reliability and dependability of this business over decades.

Capitalise on the outstanding platform this business affords the astute and enthusiastic operator to grow into the near future.

OPPORTUNITY and PRICING
Settlement is flexible and the owner is more than happy to hand over the reigns in a timely and seamless fashion.

-Award winning restaurant in the Northern Suburbs
-1st Original restaurant established in Salisbury
-Great delivery service with UberEats/Menulog
-Seating for 40 inside, 16 outside
-Fully licensed
-Huge potential to expand business for a family run business


$249,000 plus GST Negotiable.

Property Information

Real Estate:

Lease

Leasehold Rent:

600pw Inc. Outgoings per annum

Location:

In the heart of Salisbury's entertainment precinct in a group of eateries that surround the cinema complex.

Premises Details:

Approx 70m2 of seated area internally for 40 and 16 alfresco. The business is located on the door of one of the only 2 entrances to the complex.

Business Operation

Expansion Potential:

There is potential to increase opening hours and trading days. Home delivery has boomed over recent times with demand outpacing the capacity to service growth.

Competition / Market:

Nearby restaurants draw foot traffic to the precinct and do not directly compete with the cuisine.

Trading hours:

Monday Closed
Tuesday 12–2:30pm, 5–9:30pm
Wednesday 12–2:30pm, 5–9:30pm
Thursday 12–2:30pm, 5–9:30pm
Friday 12–2:30pm, 5–9:30pm
Saturday 5–9:30pm
Sunday 5–9:30pm

Employees:
5
Years established:
25

Other Information

Support & training:

Vendor to offer onboarding assistance

Furniture / Fixtures value:
$90,000 (AUD) - included in the asking price

Contact Information

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