The venue is famous for its premium aged steaks, fresh seafood and other specialty dishes and it is a firm favourite with discerning overseas and interstate visitors. Fully licensed with ample off-street parking.
The restaurant sources the best cuts of Australian meat and ages them in-house, making them tender and packed with flavour.
Customer Comments TripAdvisor: Excellent 4.5
Key Features:
- Long lease to 2040 (16 years)
- Rent is less than 8% of sales
- Parking on site
- Excellent reputation 40 years of history
- Limited competition
- Management team in place
- Procedures & reporting systems in place
- Amazing fit out, atmosphere and ambience
- TripAdvisor rating - 4.5 Excellent
- Staff Numbers = Manager + Supervisor & 15 Staff
- Liquor License until midnight
- Loyal regular clientele
- Floor area under lease 185 sq.m
- High Traffic Location
- Annual Sales = $2,500,000.00 (Net of GST).
- Net Profit = $430,000.00 (including add backs)
FOR SALE: $1,450,000.00 + SAV
Reason for selling: Owner seeking to retire
For further details and a site inspection. Please contact the F&B Broker, Bruce Rylance on 0418 396 910.
Contact the exclusive broker:
Bruce Rylance
Benchmark Business Sales & Valuations
M: 0418 396 910
T: 1300 366 521
If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference bus5778 to search for this business.
Please ensure you have the necessary capital before expressing an interest in this business.
The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations
