Well-known Albany Restaurant

An incredible opportunity has emerged to acquire one of Albany's most renowned restaurants. The vendors have decided to sell this restaurant due to their involvement in other business ventures, making it surplus to their requirements.

This well-known branded restaurant boasts fusion-style cuisine and holds a license. It is strategically situated within Albany's largest and newest retail development, offering an appealing mix of food, beverage, and retail establishments, including a supermarket and other restaurants.

The restaurant features a spacious dining area spanning 208m2, complemented by an upstairs kitchen and storage area of approximately 46m2. It comfortably accommodates seating for 70 guests indoors and an additional 20 outdoors.

Key Features of the Business:

1. Prime location on a bustling main road.
2. Considerable time & cost savings as establishing a similar venture in this area would require substantial investment.
3. According to the vendor, the restaurant achieves weekly sales ranging from approximately $20,000 to $25,000.
4. The current annual rent stands at $111,343 + GST.
5. Strong branding that contributes to the restaurant's recognition and reputation.
6. Recently renovated premises, reflecting a modern and appealing ambiance.
7. Equipped with top-quality equipment, ensuring efficient operations.
8. The lease is long-term and secure, providing stability for the business.

Price on Application

To explore this remarkable opportunity further, please contact Angela - 022 175 6917 to schedule an appointment.

For further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser: www.ds4u.cc/abc?ref=34253

Agency reference #: 34253