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Food, Beverage & Hospitality business for sale in Canberra

  • Food, Beverage & Hospitality
  • 50 Bunda Street Canberra ACT 2600
  • $150,000 plus SAV

Massive price reduction for immediate sale. Now only $150,000 + SAV.

Lolas 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

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
Lolas is a stunning restaurant, late-night eatery in the heart of Civic. The location could not be better. Located right next door to one of the cities hottest nightspots, Shortys, the flow of 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 for 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 the time they simply dont 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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Last updated  14 Sep 2019
Map for 50 Bunda Street Canberra ACT 2600
Map for 50 Bunda Street Canberra ACT 260050 Bunda Street Canberra ACT 2600
Summit Business Brokers
18 Carnegie Crescent Narrabundah ACT 2604