LINK Business Brokers Australia

About this Business for sale in Adelaide City

This is a rate opportunity to acquire one of Adelaide’s most iconic, architecturally designed restaurants and make it your own. This restaurant needs to be seen to be fully appreciated, having recently undergone a $1,000,000 custom design fit out featuring an Italian theme of contemporize fine dining.

Located just 5 minutes from the busy Adelaide Oval, surrounded by hotels there is plenty of opportunity to maximise on the border reopening and bounce back in tourism.

This is a blank canvas to be de-badged and renamed as you see fit.

Business highlights include:
6 Time National Award-Winning Design
$1M architectural custom design fit out
Large 320sqm space
Top of the range euro kitchen equipment
Fully furnished with all crockery included
Located in CBD
Seated Cocktail Bar
Licensed to 2am
120 seater
Popular function venue
Can run virtual kitchens on same premises.
Good size back of house with large cool room
2+3-year lease remaining

AWARDS
2016 (IDEA) Interior Design Excellence Awards National Winner for Hospitality Category
2016 SA (DIA) Design Institute of Australia Awards Presidents Award Winner
2016 SA (DIA) Design Institute of Australia Awards Gold Award Winner
2016 Eat Drink Design Awards Antica Pizzeria e Cucina High Commendation for Best Restaurant Design
2016 Think Brick Australia National Winner for Horbury Hunt Commercial
2016 Think Brick Australia National Grand Prix finalist

An inspection will impress! This space is truly a must-see.

For more information please contact Nadia Polzella from LINK, formerly Klemms on the below:
Phone: 0451 858 897
Email: nadia.polzella@linkbusiness.com.au

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #ME02032
Price: $399,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Adelaide Region, Adelaide City
Food/Hospitality, Restaurant
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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