* Awesome, picturesque waterfront location, with stunning panoramic views.
* Long-term security being offered by a supportive and commercially minded landlord.
* Currently only operating 4-1/2 days per week.
* Extensive list of well-maintained quality inclusions.
* Loads of opportunity to expand and grow.
* Completely established, takeover and start trading straight away.
Businesses such as this are very tightly held onto in this area, and opportunities like this do not come along often, this is a great opportunity for an experienced operator to acquire a great venue in a highly-after location.
This great venue and location could also ideally suit someone looking to be their own boss and who wants to put their own stamp on their own business and take control of their lifestyle and business.
There is an excellent opportunity for a chef with a partner team looking to get into their first business, that is already established while making a name for themselves or for an experienced restaurant owner looking to expand.
This is a fantastic lifestyle and business opportunity. The restaurant is open for Lunch Wednesday Sunday 12 2 pm and Dinner Thursday Saturday nights from 6 pm.
You can own your own business and be your own boss for very minimal initial outlay and the owner is willing to assist with a seamless transition.
The owner has shared that they will consider a vendor finance arrangement with the right buyers and also their willingness to assist a new owner in multiple ways to allow for a seamless and easy transition.
The venue is set out perfectly, with scenic waterfrontage and an awesome outlook. It comes with a full commercial kitchen, with modern well-maintained equipment, a cool room, an abundance of dry, cool, and freezer storage, as well as a wine store, a separate office, and a herb garden. The restaurant is complimented by a 60-seat dining room with heating and cooling, plenty of clear views of the water, and a large outdoor area for more relaxed occasions.
Staff No
The business is currently operated by the owner, 2 full-time staff, and a team of casual staff.
Lease Info
A new 3-year lease commenced in January 2024 with 3×3 year options available, plus an option to purchase the freehold
Trading Times
Very Appealing Lifestyle Oriented Hours! The restaurant is open for Lunch Wednesday Sunday 12 2 pm and Dinner Thursday Saturday nights from 6 pm.
Size of Premises
Full commercial kitchen, cool room, wine storage, office, herb garden, loads of storage. Immaculate 60-seat dining room with heating and cooling. Expansive casual outdoor seating area.
Opportunity
There is plenty of potential with multiple opportunities for a new owner to increase revenue. E.g. Expand on the opening days and hours, explore catering opportunities, explore function opportunities, explore themed or event dinners. A new owner could also look to put their own spin on things with the menu, and promotions and really take this place to the next level and achieve your professional and financial goals.
**Weekly**
Turnover (inc GST) $20,000
Rent $1,339
Wages $8,298
Net Profit $1,895
