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Food, Beverage & Hospitality business for sale in Canberra

  • Food, Beverage & Hospitality
  • Canberra ACT 2600
  • $265,000 plus SAV

Massive opportunity to buy in the right location. Restaurant/Café/Bar.?

Summary
Lola’s is an amazing business turning over great numbers on a monthly basis. The location cannot be beaten and the fit out is exquisite.

Location Details
50 Bunda Street

Potential
This business has it all, location, fit out, atmosphere, the ability to trade whatever hours suit
and a massive Canberra audience to market your dream.?

About the Business
Lola’s is a stunning restaurant, late night eatery in the heart of Civic. Location could not be better. Located right next door to one of the cities hottest night spots, Shorty’s, the flow on traffic is immense.

Well over $1million has been spent on this spectacular fit out. It is a truly stunning space with an equipment list as long as your arm including an enormous pizza oven. Every single consideration has been thought of when putting together this business.

Currently set as a restaurant servicing late night trade only 5 nights a week, the opportunities are endless to operate as you please. How do you see your dream? Same as it currently trades? No problem. Brekkie, lunch and dinner 7 days? Done. Follow your dream because this business has the capacity to be whatever you want it to be.

The asking price is only $265,000 + SAV. Why sell so low considering the money spent on the fit out, including all equipment was well over $1million? With multiple business ventures and a change in personal circumstances, the owners have been prevented spending the time on this venture to drive it to where they would really like the business to be. Rather than forcing themselves to find time they simply don’t have, the owners have set a price for an immediate sale to give someone else the rare opportunity to thrive in this exciting venue without the standard entry costs you would expect.

For more information on this incredibly unique opportunity, call Andrew from Summit Business Brokers today on 0418 676 400.

Chase your dreams, take control and live the life you want to live.

Business Highlights

Business ID2015644197
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Category
Last updated  14 Sep 2019
Map for Canberra ACT 2600
Map for Canberra ACT 2600Canberra ACT 2600
Summit Business Brokers
18 Carnegie Crescent Narrabundah ACT 2604
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