This is a rare opportunity to own a thriving Italian restaurant with an unbeatable waterfront location on the stunning Sapphire Coast of NSW that has been operating since 2010. This fully licensed and well-established business is known for it's welcoming atmosphere, incredible views, and a menu that keeps locals and visitors coming back time and time again.
Arguably its most enviable feature is that it is the only Italian restaurant in the local area and boasts a simple yet highly popular menu. Whether it is takeaway, casual dining or a romantic dinner for two the menu and drink selection has something for everyone. Another key factor is its low rent as well as enjoying regular and consistent turnover.
The venue comes fully equipped commercial kitchen and all of the associated equipment(including a new Combi. Oven), making it a turnkey investment ready for immediate operation. The space is designed for ease of service and has plenty of indoor and outdoor seating to accommodate customers comfortably all year round. The amazing waterfront location and outlook only enhance the dining experience for visitors, always making it a go-to destination for locals and visitors.
This is a fantastic opportunity to acquire a well-established business in one of the most sought-after locations on the Sapphire Coast, with excellent potential for growth and further success.
Whether you are an experienced operator looking to expand, someone looking to own their first business, or someone looking for a lifestyle and sea change, then this could easily be the right place at the right time for you. Don't be the one to miss out on this incredible opportunity, contact Tim Beard today to arrange an inspection.
Lease Details
The current lease is until December 2027, with fixed 2% annual increases.
Premises Details
The premises are warm, and inviting, and a commanding outlook and recently updated furniture help to provide a fresh vibe for diners. The fully fitted commercial kitchen has ample space for comfortable menu preparation and plenty of fridge, freezer, and dry storage.
Staff Details
The business is currently operated by three full-time staff(one of which is an apprentice) and a team of enthusiastic and engaged Casual staff.
Opening Hours
6 evenings Tuesday to Sunday from 5pm
Opportunity
This business screams opportunity. The owner is not currently present in the business and would be ideally suited to a hands-on owner operator who can make instant savings in some key areas as well as drive the revenue line. The new owner could extend and expand the trading hours and offer lunch service, source more functions, and catering opportunities. You could easily do weekend day trade as a café and then evenings for pizza & pasta. You could add a delivery service and push more takeaway. There are loads of opportunities to take advantage of here, it all depends on how enthusiastic you are.
**Weekly**
Sales $14,550
Rent $750
Wages $4,960
Net Profit $1,830
