Business For Sale Byron Bay, New South Wales 2481
Business Category Restaurant
$1,189,000 + SAV
Extremely High Net Income, Staff Managed And Fully Licensed, Seaside Ala Carte Restaurant #226
This is an Extremely High Net Income & Gross Profit (67.31%), Staff Managed and Fully Licensed, Seaside Ala Carte Restaurant. Offering its Patrons Enviable Ocean View from its 110 Seats. This is a ‘One of Kind’ and Extremely Unique Restaurant - ‘Only One Like it’ in Town. Includes a High Volume of Consistent Dine-in Bookings, Take Away, Online Orders & Deliveries. Regularly Fully Booked throughout the Year for Up to 3 Dinner Sittings! (Also Open for Lunch). There is Additional Event Catering Income Adding to the Overall Value and Profitability of this Investment…. This Only Now Being Available for Transfer After 15 Years!
• Established for the last 15 years by its current owner, this is a “stand out” fully staff managed and licensed ala carte restaurant investment, offering any new owner, no matter their industry background the ultimate northern NSW lifestyle. Envied the country over, with an optional time investment of 10-15 hours per week by the current owners, the absence equals more time per week than being present at the business. The main purpose of having any owner presence, by choice is due to the pure enjoyment of liaising with the business manager, head chef and the greater body of team who support the day-to-day operating of the business, on behalf of the owner.
• Sales grew organically by 8.67% in 21/22 YTD – with nothing being done differently, sales levels also maintaining throughout COVID-19 trading years, due to a massive increase in online / web-based food and beverage orders and takeaway food ordering.
• This is no ordinary investment, offering one of the best and most prime positions that any restaurant could ever hope to offer its clientele, within this famous and fast populating town. The rich and famous frequent this restaurant and it is commonplace to see those who are TV and movie stars dining within.
• The staff and management team are long-term and loyal, treating the business as their own, which reflects the high quality, inner culture, and operational success of this particularly unique establishment. Highly systemised, the owner can access all financial and operational data remotely in real-time, via the cloud.
• This restaurant offers what no one else does, keeping the “bar high” and the barrier to entry even higher. There being no rival to this operation, never has been in 15 years! Being conveniently located within the “heart of town” with ample surround parking, and even this brand being referred to by locals as “the heart of the town” for more than the last decade and a half of trading.
• This also being one of the fastest growing locations in Australia, offering any new owner / investor one of Australia’s highest quality socio-economic areas, being a vastly wealthy area where patrons enjoy being provided for by this “well known and frequented” licensed restaurant. Open from 11 am, there are more sales to convert if a new owner wanted to respond to the constant local client requests to open for breakfast.
• By providing a consistency of customer servicing, a high food quality, and extensive menu options have simply continued to make this a popular destination for clients of any age or background.
• Having a client database of more than 8,480 means that marketing and proactive campaigning for more clientele (online or otherwise), is made even easier for a new owner. This owner has not needed to actively market or promote for many years, already luxuriating in the consistent sales and money being receipted upfront, throughout the year. Sales volumes simply billow every holiday period and during the warmer months of the year, which these days just happens to be nearly all year round.
• Its high quality and consistent meal and beverage options allows all to bask in options attractive and sought after by anyone and everyone within the local community! The staff’s personalised servicing of clientele just makes the experience even more enjoyable for all.
• The owner has enjoyed 15 years of this ideal lifestyle and has made ample money from owning this staff managed business investment. This is a one-of-a-kind, unique in-all-the-town investment, which is now being transferred for change sake only, after a decade and a half.
• This business has a well-known and iconic brand (being independently owned), which includes a catering business, which is also ready to be doubled – and this is being achieved easily, as it is already starting to return to pre COVID-19 demand and booking levels, with so many festivals, events, group celebrations being booked in. This just provides yet another additional and ultimately lucrative income stream for this business and its investor.
• With such a highly rewarding net income return, being in exchange for such a low time input per week, it is little wonder that it provides such an enjoyable lifestyle for any new owner/investor.
• Who wouldn’t want to live within one of Australia’s most idyllic and sought-after locations, while your lifestyle is being fully funded, whether you work or not! Earn this massive amount of money thanks to owning one of the very best restaurants within this famous region. Secure this once-in-a-lifetime option before someone does!
All being for $1.189 Million + SAV ($30-40K approx.)
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This business is somewhat unique and has no similar competition in this region, category or price bracket.