Prime Waterfront Restaurant, Financial And Lifestyle Benefits, Low Rent, Exceptional Net Profit

Business For Sale Mid North Coast, New South Wales 2442

Business Category Restaurant

$1,650,000 + SAV

Description

Prime Waterfront Restaurant, Financial And Lifestyle Benefits, Low Rent, Exceptional Net Profit

Introducing an exceptional opportunity that rarely comes along in the competitive business landscape. This stunning, sought-after establishment, established in the early 70s, is ideally positioned to overlook breathtaking scenic river views, creating an unrivaled dining experience for patrons. Boasting low rent, exceptional returns, and a prime location, this restaurant attracts a steady stream of customers, opening its doors for lunch and dinner, seven days a week serving the finest culinary experience.

With its picturesque waterfront setting, this landmark restaurant has become a popular destination for locals and visitors, providing a solid foundation of loyal customers and an attractive tourism appeal.
This outstanding waterfront venue presents a compelling opportunity for an owner-operator or investor to capitalize on its unique advantages and elevate its further potential.

Key Selling Points:

Unique Location: The scenic views of the water significantly enhance the dining experience and contribute to a consistent influx of patrons.

Established Reputation: With an established customer base and exceptional recognition, the restaurant enjoys a strong foothold in the market.

Versatile Events Venue: The property has proven ideal for hosting weddings, private parties, and corporate gatherings, offering diverse revenue streams.

Exceptional Infrastructure: The modern fit-out, full commercial kitchen, storage facilities, and bar area cater to the diverse needs of the business, while the seating capacity of 60-70 guests ensures ample space for serving a steady flow of patrons.

Experienced Staff: A dedicated team of employees is in place, ensuring seamless operations and exceptional service delivery.

Financial Success: The business has demonstrated its significant profit potential with an average weekly sales figure of $60,000+ during the 23/24 financial year (Jul - Mar). The current lease provides stability, with 7 years remaining and potential for extension.

This outstanding waterfront venue presents a compelling opportunity for a new owner to capitalize on its unique advantages and further elevate its potential. The versatile premises offer the flexibility to cater to a wide range of customers and events, making it an ideal investment opportunity for ambitious entrepreneurs and savvy investors. Secure your stake in this thriving business offering attractive financial prospects and a coveted waterfront lifestyle.
Don't miss your chance to take this well-established restaurant's reins and uncover its remarkable potential for future growth and prosperity.

Don’t miss your chance to explore this great opportunity.

Contact me today for further information.


**Please note for confidentiality the image in this advert is generic and is not of the actual business**

Lease Details
The current lease runs through to 2031. Opportunity to renew upon discussions.
CPI. increases. A $12,000 bond is required.

Premises Details
Waterfront location, Modern Décor, Full commercial kitchen, bar, store room. Outdoor seating areas.

Staff Details
The business currently employs 25 staff members. This includes 11 permanent, 2 part-time, and 12 casuals.

Opening Hours
Operates for 7 days per week and is open for lunch and dinner.
Opportunity exists for special occasions and private events.

Opportunity
Great opportunity for an owner-operator or investor. Well-established restaurant with a great clientele base. Good profits, unique location. Rent less than 2%.

** Weekly**
Coffee Sales 15-20 kg
Sales $60,139
Rent $549
Wages $19,093
Net Profit $12,043

Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


Contact Seller
Marten Clark
  • Marten Clark

Bsale ID: 644266

GSE Hospitality Brokers
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