"An iconic venue in the heart of Adelaide’s entertainment precinct. Asking Price: $1,750,000 plus stock A once in a lifetime opportunity to buy one of Adelaide’s most iconic bar, restaurant, and function venues. Location: 110 Grenfell Street, 5000 Adelaide, SA, Australia Online presence: Huge social media following: 11K plus followers on Facebook and 4K plus Instagram Just one of the many positive reviews: “ The food is amazing, and the cocktails are to die for. The service is sensational. Thank you for a great night”! Overview: The venue has invested in a high quality “Old English Gatsby Décor”. The bar, restaurant, and function room all have a distinctive style that encourages patrons to relax and enjoy themselves from the moment they set foot in the door. The menu is Japanese inspired and updated every week. This takes advantage of the finest and freshest South Australian and regional produce. The signature fresh oysters are a popular choice. In addition, the vintage wine collection and cocktail list are very popular with all guests. Highlights: • Huge social media following, and engagement leads to many repeat customers • 5 am liquor licence with lock out law exempt (no lock out) • Massive licenced outdoor private laneway to cater concerts and events • Frequently holding birthdays of all ages, hens/bucks, Corporate/Christmas functions, engagements, club nights the list goes on. • Popular with locals and visitors to Adelaide from interstate or overseas • Frequently receives 5-star Google and Facebook reviews • Excellent supplier relationships for produce and alcohol • Suppliers often book sponsored or promotional events • Excellent lease terms • Menu takes advantage of the freshest SA produce with many seasonal ingredients • Buy now, walk-in and grow the business The Gatsby Lounge is a sophisticated speakeasy-style bar and restaurant that captures the exuberance of the era. From the moment you walk in, you are transported to a time of indulgence and sophistication. The Gatsby Lounge venue is perfect for birthdays functions, intimate engagements, wine dinners, after-work cocktails, corporate functions, big or small. The business strives to create a memorable and personalised experience for all customers. This is a unique opportunity to own an Adelaide icon and take it to the next level. Contact me to find out more about this great opportunity."
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