Listing ID: 266234 (Last updated: Jun 27, 2017)

Food/Hospitality Business For Sale, Canberra City ACT

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$95,000 WIWO
  • Franchise No

The Ridge Restaurant, Canberra City 2601, ACT

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The ridge restaurant farrer - loads of potential for enthusiastic new owner

This family owned and operated restaurant well located at the Farrer Shops has been established since 2004. With the owners now looking to retire, the opportunity for a new and enthusiastic owner to take over the reins has become available.

The restaurant currently operates 4 nights per week and is closed on public holidays. It also closes for 3 - 5 weeks per year while the owners take a break.

It currently seats 42 people inside and has the potential for another 20 plus for alfresco dining, with the bonus of no government charges for this outdoor space.

There are no restrictions on trading hours and can operate 7 days per week. There is plently of free parking right at the front door.

There is a fully equipped commercial kitchen with all equipment being near new within the last 4 years. All furnishings and equipment is fully owned therefore no lease or hire is required.

The restaurant would benefit greatly from and injection of fresh ideas and would suit a couple/family in order to keep the overheads low and the profits high.

Despite the modest opening hours, the restaurant attracts sales of around $4,000 - $8,000 per week. The premises rent is approximately $3,000 per month including GST.

With the local shops in Canberra's south experiencing a resurgence of popularity, this is an opportunity not to be missed. Don't delay making an enquiry today!

Asking price $95,000 WIWO

For more information about this great opportunity please contact Michael Newham of Finn Business Sales on 0419 263 014 or email michael.newham@finnbusinesssales.com.au

  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 0
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 1
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 2
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 3
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 4
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 5
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 6
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  • Canberra-City, ACT: The Ridge Restaurant Farrer - Loads Of Potential For Enthusiastic New Owner, Agency: Finn Business Sales - 7
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Contact Details

Finn Business Sales

4 Bayley Street
Abbeyard, VIC
3737

Agency Profile
Listing ID: 3733069

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