Jones & Co
If 2018 is the year you want to expand your hospitality portfolio, then Jones and Co must be at the top of your inspection list.
You can own this million-dollar fit-out for a fraction of its value as the owners, multi-business owners, are definite in their decision to move.
The owners' decision to let go of the asset has not been made easily, but a change in business model was moving away from cafes, restaurants, and bars to quick service restaurants.
The replacement value of the establishment exceeds $950,000.
The lease investment is very reasonable with long, secure leases in place. Liquor licences are current as well generous outside seating allowances.
It is located less than 3 kilometres from Parliament House and ideally positioned in the centre of the Kingston Precinct.
Genuine and motivated to achieve a quick transition of ownership, the existing owners are prepared to receive all fair and reasonable proposals.
The location has consistently generated sales exceeding $70,000 on a weekly basis; however, because of the nature of the multi-operation ownership structure of the entity, no financials can or will be given.
The attached video explains the extent of the opportunity. All assets offered are unencumbered and will be provided with clear titles.