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Fully Licensed Restaurant/s With 2 Frontages – Glenelg, Sa For Sale

South Australia, Australia
Asking Price:
$180,000 ONO (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Business ID: BS------

2 EATERIES WITH 2 SHOPFRONTS AND 3 DINING ROOMS – WIWO

This spacious licensed venue situated on busy Jetty Road, Glenelg is a fantastic opportunity with huge potential to increase turnover.

Currently, the main restaurant offers Thai and Malaysian cuisine. Joined by a walk-through between the 2 shops, the second eatery is a Vietnamese restaurant.

This is an unmissable opportunity for a couple or family to set up any type of restaurant, especially a Chinese or Indian restaurant that can easily seat over 100 people.

- Established in 1993 – Same owner-operator for over 30 years

- Premises: 291sqm – The 2nd shop has an open window frontage for serving direct to customers on the footpath on bustling Jetty Road, Glenelg

- Steady flow of regular customers plus many visitors in this key tourist location

- Fully licensed to seat 100 diners inside and 6 diners outside

- Marketed by WOM – Focused marketing by the new owner would generate lots of new business

- Glenelg Spices currently trades Tuesday – Saturday 5pm to 10pm closed Sundays and Mondays

- The Vietnamese eatery opens Monday – Friday 10am to 4pm closed weekends

- There is huge potential for both businesses to open 7 days a week, as the market is there in Glenelg.

- Extremely low rent for this prime location due to the long relationship between owner and landlord

- The landlord will work the same way with the new owner and honour the current lease

- Owner downsizing – Selling WIWO excluding trading name

- Priced for a fast sale

PRICE: $180,000 ONO

Property Code: 3791