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DealProspect/Listings/Hospitality & Tourism

City Restaurant, Prime Adelaide Hospitality Precinct

Restaurant

ActiveHospitality & TourismSouth AustraliaB2C
Asking price
$285,000
Disclosed · AUD
Revenue
EBITDA
Implied multiple
Brief
  • Restaurant in a prominent Adelaide CBD hospitality precinct
  • Quality fit-out with seating for 80 inside plus 20 in an alfresco verandah area
  • Licensed 11am-11pm, seven days a week
  • Currently trades 5 dinners and 3 lunches per week, with capacity to trade more
  • Known for contemporary Australian cuisine, easily adaptable to functions and events
  • Reluctant sale due to vendor's other commitments