For Sale Coastal Licensed Restaurant High Turnover High Profits Great Rent
Gerringong, New South Wales 2534
$649,000
Key Features
AI generated. Contact seller to confirm.
- Full General (onsite) liquor licence in place
- Excellent full chef's kitchen, recently fitted equipment
- Seating for 80 patrons in relaxed coastal dining room
- Generous premises approximately 260 sqm
- Secure lease until 2031 with further five-year option
- Proven high turnover with strong profit potential
- Turnover: $35,000 per week
- Net Profit: Not disclosed
- Rent/Lease: $1,300 per week; lease secure to 2031 with 5-year option
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Restaurant
Prime opportunity to acquire a high-turnover, fully licensed restaurant in this affluent South Coast town.
Impeccably presented and ready for an owner/operator or investor,
this 260 sqm venue combines an excellent chef's kitchen, contemporary fit-out and a relaxed coastal atmosphere that seats 80 patrons.
Key features
- Excellent full chef's kitchen with all new equipment recently fitted - turnkey operation.
- Seating for 80 patrons across a beautiful, relaxed coastal dining room.
- Full General (onsite) liquor licence in place.
- Generous premises of approximately 260 sqm.
- Rare offering in a sought-after South Coast location - high demand tourist and local catchment.
- Proven high turnover with strong profit potential.
Trading & Financials
- Current reported turnover: $35,000 per week (strong weekly revenue reflecting peak coastal trading).
- Trading pattern: Thursday to Sunday (trading hours currently 12pm-10pm).
- Exceptional upside for extended trading days, catering, events and marketing initiatives.
Lease & Outgoings
- Secure lease in place till the Year 2031 with a further 5-year option - long-term tenure for continuity.
- Rent: $1,300 per week, inclusive of GST and outgoings.
Premises & Location
- Situated in Gerringong, a rapidly popular and affluent South Coast township with strong tourism and local patronage.
- Contemporary fit-out designed for comfort and coastal appeal - ideal for diners, holidaymakers and locals alike.
- Layout and size perfectly suited to maintain high service standards and volume trade.
Asking Price & Opportunity
- Asking price: $ 649,000
- A rare chance to acquire a fully equipped, licensed restaurant of this calibre in an affluent coastal market. Perfect for an experienced hospitality operator seeking immediate income or an investor wanting a strong-performing asset with upside.
For more information or to arrange an inspection, contact Chris Minas Business Broker on XXXXXXXXXX XXXXXXXXXX
Serious inquiries only
Impeccably presented and ready for an owner/operator or investor,
this 260 sqm venue combines an excellent chef's kitchen, contemporary fit-out and a relaxed coastal atmosphere that seats 80 patrons.
Key features
- Excellent full chef's kitchen with all new equipment recently fitted - turnkey operation.
- Seating for 80 patrons across a beautiful, relaxed coastal dining room.
- Full General (onsite) liquor licence in place.
- Generous premises of approximately 260 sqm.
- Rare offering in a sought-after South Coast location - high demand tourist and local catchment.
- Proven high turnover with strong profit potential.
Trading & Financials
- Current reported turnover: $35,000 per week (strong weekly revenue reflecting peak coastal trading).
- Trading pattern: Thursday to Sunday (trading hours currently 12pm-10pm).
- Exceptional upside for extended trading days, catering, events and marketing initiatives.
Lease & Outgoings
- Secure lease in place till the Year 2031 with a further 5-year option - long-term tenure for continuity.
- Rent: $1,300 per week, inclusive of GST and outgoings.
Premises & Location
- Situated in Gerringong, a rapidly popular and affluent South Coast township with strong tourism and local patronage.
- Contemporary fit-out designed for comfort and coastal appeal - ideal for diners, holidaymakers and locals alike.
- Layout and size perfectly suited to maintain high service standards and volume trade.
Asking Price & Opportunity
- Asking price: $ 649,000
- A rare chance to acquire a fully equipped, licensed restaurant of this calibre in an affluent coastal market. Perfect for an experienced hospitality operator seeking immediate income or an investor wanting a strong-performing asset with upside.
For more information or to arrange an inspection, contact Chris Minas Business Broker on XXXXXXXXXX XXXXXXXXXX
Serious inquiries only
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.