Awesome, picturesque waterfront location, with stunning panoramic views.
$20k+ average weekly turnover
Rent is great value at less than 5% or turnover.
Long term security with 3x3x3 year options on top of the current lease.
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 on to in this area, and opportunities like this do not come along often.
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.
You can step into this wonderful location now, and take advantage of the busy holiday and summer trade that is about to kick off and bank that income.
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 a multiple of ways to allow for a seamless and easy transition.
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. There is also plenty of time during the year for time off for getaways and time with the family.
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.
The business consistently provides turnover of $20k+ plus per week, and this all comes from a business with consistent turnover and an envious lifestyle.
The venue is set out perfectly, scenic water frontage and an awesome outlook. It comes with full commercial kitchen, with modern well-maintained equipment, cool room, an abundance of dry, cool and freezer storage, as well as a wine store, separate office and herb garden. The restaurant is complimented a 60-seat dining room with heating and cooling, plenty of clear views to the water, and 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 3x3 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, promotions and really take this place to the next level and achieve your professional and financial goals.
A venue and opportunity of this caliber, in this type of location, are hard to come by and are tightly held. This is a must to inspect, and once you seen this place you will not be disappointed.
**Weekly**
Turnover (inc GST) $22,972
Rent $1,339
Wages $8,298
Net Profit $1,895
