Restaurant For Sale Newington

Restaurant For Sale

Almost new renovated restaurant for sale located in the busy area of Newington, surrounded by commercial and residential with plenty of parking.

Selling as a restaurant fully setup ready to trade. Lots of potential with residential development in the surrounding area.

Suitable for any cuisine. Great for American/Brasilian style BBQ or Steak/Ribs house.

Can add coffee and open for breakfast

Potential for liquor license

No goodwill.

Restaurant name and menu is not included.

Capacity 36 seats with couple outdoor table.

Council approved trading hour is 10 am to 10 pm 7 days/week.

Rent $4,750 per month GST

Lease term 2.3 years left 3 years. 3% annual increases.

2 x secure car space

Storage cage

No strata fee. Standard utilities: electricity, gas and water.

Bingo waste management

  • Kitchen Equipment
  • Chargrill
  • Hotplate
  • 2xDeepfryer
  • Combi oven
  • 2 door freezer
  • 6 door fridge
  • Oil filtration
  • 1000 L drink fridge
  • Sauce fridge
  • Salad bar fridge
  • Dishwasher
  • Benches and shelf
  • POS screen ordering sytem
  • LED menu screen
  • CCTV
  • LED Smart TV

All equipment are owned (no leasing)

UberEat and Menulog service is in the area. Currently the restaurant is using Menulog as its delivery arm.

Price is 89K WIWO. Only serious buyer to make enquiry who has finance ready.

Asking Price: $89,000

Location: Newington

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