Welcome to a culinary haven, where excellence meets ambiance - presenting a stunning restaurant that has garnered acclaim with consistent 5-star reviews. This unparalleled opportunity is now on the market for the first time, showcasing the epitome of casual fine dining at its best.
Culinary Excellence: 5-Star Reviews & Beyond This restaurant stands out as a beacon of culinary delight, receiving rave reviews from satisfied patrons. The commitment to delivering an exceptional dining experience has earned them a coveted 5-star rating, solidifying their position as a go-to destination for connoisseurs of fine cuisine.
Inner City Location: The Pulse of Urban Dining Nestled in the vibrant heart of the inner city, the restaurant benefits from a prime location that captivates the discerning tastes of urban diners. Accessible and surrounded by a dynamic atmosphere, it is strategically positioned to attract a diverse and sophisticated clientele.
Financial Success: Turnover Exceeding $50,000 Weekly With a stellar turnover surpassing $50,000 per week, the restaurant is not only a culinary gem but also a thriving business. The owners commitment to quality and service is reflected in the impressive financial performance, ensuring a robust and lucrative operation.
Growth Opportunities: Open 5 Days a Week Operating efficiently and profitably five days a week, the proven business model allows for strategic expansion and growth. Entrepreneurs with a vision for extending operating hours or introducing additional services will find ample opportunity to maximize the restaurant's potential.
Nett Profit Over 20%: A Recipe for Financial Success Boasting a nett profit well over 20%, the restaurant offers not only a gastronomic experience but also a solid investment opportunity. The robust financial performance is a testament to their commitment to excellence and efficiency in operations.
This is your chance to step into the realm of casual fine dining success. Whether you're a seasoned restaurateur or an ambitious entrepreneur, this first-time-to-market opportunity promises a turnkey venture with a proven track record of culinary brilliance and financial prosperity.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
Expires July 2028 + 7 year option. 3% annual reviews with a Market Review at exercising of the option. Bank Guarantee of 4 months base rent + GST.
Premises Details
156m2 + 46m2 mezzanine/storeroom + 21m2 al fresco dining
Staff Details
2 Directors (1 part time), head chef, sous chef, 3 permanent staff and 14 part time and casual staff.
Opening Hours
Tuesday to Thursday 6–9:30 pm
Friday and Saturday 12–4:30 pm, 5:30–9:30 pm
Sunday and Monday Closed
Opportunity
Extend the trading hours or work to increase the function aspect of the business.
**Weekly**
Sales $50,078
Rent $3,670
Wages $$15,500
Net Profit $11,737
