Restaurant Cafe Avalon

Business Sold Avalon, New South Wales 2107

Business Category Cafe and Coffee Shop Catering Restaurant



Restaurant Cafe Avalon

Restaurant Avalon Beach

Sale price REDUCED FOR INCREDIBLE OFFER $50000 walk in walk
RENT APPROX $100,000 plus GST per annum.
Seats 60-70
Rear access
Fit out good but may need an upgrade but not big dollars.
Current lease 5 years but longer for an approved buyer if needed.
SUIT INDIAN, THAI, CHINESE possibly FRANCHISE CAFE, or other cuisines.

Business Summary:
The business is priced to sell by a realistic vendor who after 11 years has decided that it is time for a break. This would ideally suit a younger chef and partner as the goodwill associated with the name of this business is enormous on the Northern Beaches.

The price includes all assets and the name. A new buyer would be expected to have their own chef and kitchen personnel. It is up to the new buyer whether they decide to continue with the same successful cuisine or perhaps change for their own tastes.

2016 Taxable Turnover $1,015,267 - Net of Gst.

Outstanding reputation. Recognised by locals and Holiday makers to the Northern beaches as one of, if not the best quality restaurant around.

Same Owner 11 years.

Brilliant Position with large Sunny shop frontage.

Full Financials Available 2014,2015,2016

The current owners choose to Close four weeks a year in July. This year will open as they are selling.
Closes Mondays.
Open Lunches Tuesday to Saturday 11am to 2.30 pm and then Dinners Tuesdays to Saturday 6pm to 8.30pm.
Open Sunday Lunch 11am to 2.30 pm.

For further information contact Peter Golding at XXXXXXXXXX .
Contact Seller

Bsale ID: 535521
Broker REF: 3340113

Core Business Brokers

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