Fully Licensed Restaurant/s with 2 Frontages – Glenelg, SA

$ 180,000
$180,000 ONO

Description

2 EATERIES WITH 2 SHOPFRONTS AND 3 DINING ROOMS – WIWO

This spacious licensed venue situated on busy Jetty Road, Glenelg is a fantastic opportunity with huge potential to increase turnover.

Currently, the main restaurant offers Thai and Malaysian cuisine. Joined by a walk-through between the 2 shops, the second eatery is a Vietnamese restaurant.

This is an unmissable opportunity for a couple or family to set up any type of restaurant, especially a Chinese or Indian restaurant that can easily seat over 100 people.

  • Established in 1993 – Same owner-operator for over 30 years
  • Premises: 291sqm – The 2nd shop has an open window frontage for serving direct to customers on the footpath on bustling Jetty Road, Glenelg
  • Steady flow of regular customers plus many visitors in this key tourist location
  • Fully licensed to seat 100 diners inside and 6 diners outside 
  • Marketed by WOM – Focused marketing by the new owner would generate lots of new business
  • Glenelg Spices currently trades Tuesday – Saturday 5pm to 10pm closed Sundays and Mondays
  • The Vietnamese eatery opens Monday – Friday 10am to 4pm closed weekends
  •  There is huge potential for both businesses to open 7 days a week, as the market is there in Glenelg.
  • Extremely low rent for this prime location due to the long relationship between owner and landlord
  • The landlord will work the same way with the new owner and honour the current lease
  • Owner downsizing – Selling WIWO excluding trading name
  • Priced for a fast sale

PRICE: $180,000 ONO

View on map / Neighborhood

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State

  • State: South Australia
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