The Original Pancake Kitchen

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Business Description

The Original Pancake Kitchen is one of Adelaide’s longest running restaurants and is an iconic business. Whether your parents took you there as a child or you visited in later years – this business has a magic of its own!

Rich with culture and history and a consistent track record of strong sales, it runs like a well-oiled machine. Open 24 hours a day since the mid-1970s the business is turning over $50,000 plus per week and more during holidays. It operates with a 24-hour Liquor License year round.

The current staff are a team of over 30 well trained professionals who work together around the clock. In recent years, the business has been run predominantly under management.

The business is currently spread over six different aptly named dining areas. The premises also includes an office, six storage rooms, kitchen, dish room and drinks room plus two women’s, two men’s and a disability toilets; and there is still space for further extensions. All this wrapped up in a secure lease for a further 15 years ensuring The Original Pancake Kitchen continues long into the future.

The Pancake Kitchen has spirit; it is a great place to hang out, it is original and it has stood the test of time.

At Glance:

  • Turnover in excess of $50,000 per week
  • Long term secure lease with a further 15 years
  • Predominantly run under management
  • Very profitable business
  • Open 24 hours
  • Over 30 well trained staff
  • 24 hour Liquor license
  • Iconic Adelaide business
  • Recent expanded and upgraded in 2012
  • Perfect for family partnership
Melanie Winter 0408 085 932 & Tony Iasiello 0412 217 608

 



Extended Price Information

Goodwill including Plant & Equipment $1,450,000
Stock at valuation (approx) $40,000
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$1,490,000


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