New South Wales
Former Lone Star Rib House. In Receivership For Sale.
For Sale | Refer to Broker
The former Lone Star Kirrawee operated as a licensed restaurant/bar at G12 580 Princes Highway Kirrawee from approximately December 2018 until recently going into Receivership in the newly completed South Village Retail, Residential & Dining complex.
It is understood that the previous business opened before the shopping centre and adjacent large residential development had been completed.
This is an opportunity for someone to acquire all of the assets of the restaurant for a turnkey operation and enter into a new lease with the landlord who is highly motivated to find a new tenant.
The fit out and equipment is said to have cost in excess of $1M and is largely good as new and this is an opportunity for a new owner to acquire such at a fraction of the cost.
The landlord is prepared to consider a new lease to an approved purchaser with a term of 10 years on terms more favourable than the previous operator with a preferred use as a steakhouse type restaurant & bar.
- Long lease available.
- Good location in new precinct.
- Extensive near new fit out with very little expenditure with a quick clean up and ready to operate at a fraction of the original cost.
- Great potential.
- Seats 200+ including indoor and outdoor.
- Area 307m2 plus approximately 40m2 external.
Captive audience with residential tenants surrounding the venue. Sales Price: All Offers Will Be Considered Must Be Sold!
To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09497
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF