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Absolute Waterfront Restaurant For Sale

Central Coast, New South Wales, Australia
Asking Price:
$125,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
Available on request

Just Reduced!

Licensed Beachfront Café/Brassiere/Restaurant/Function Centre with panoramic ocean views.

Seats 90 with additional Reception/Function room seating 150 or 200 cocktail style.

Modern extremely well equipped kitchen for restaurant and function room has its own kitchen and bar facilities.

Trip Advisor rating is 4.5.

Huge opportunity to expand the wedding and corporate market.

Currently closes winter months (June to August) however can trade if preferred by new owner.

September to May opens Friday Saturday and Sunday Lunch & Dinner. Opens 7 days 9am to 9pm through School Holidays.

Function room has forward bookings.

Brilliant affordable rent.

Current turnover with limited days and hours is $320,000 per annum.

Excellent opportunity to increase hours and days and promote functions to take business to the next level.

Price: $125,000 plus SAV. SAV: Approx $6,000

Region: Absolute Beachfront

Turnover: Approx $320k per annum limited hours & days

Plant Description: List to Follow

Years Established: 15 years, Owner operated 18ths

Permanent Staff: Owner plus Wife

Casual Staff: Casuals as required

Hours Weekday: September to May Friday Lunch & Dinner. 7 days school holidays

Hours Weekend: September to May Lunch & Dinner. 7 days school holidays

Lease Terms: 1 year plus 3 year option

Rent per Calendar Month: $2,333.33 plus GST

Outgoing Paid By: Included in rent

Parking Comments: Plenty of Parking

IF YOU WANT MORE INFORMATION YOU MUST FILL OUT A CONFIDENTIALITY FORM. FIND THE BUSINESS ON OUR WEBSITE AT WWW.CCBB.COM.AU COMPLETE & SUMBIT THE CONFIDENTIALITY AGREEMENT

Property Information

Real Estate:

Lease

Lease Terms:

1 year plus 3 year option

Leasehold Rent:

$28,000 (AUD) per annum

Location:

Absolute Beachfront

Business Operation

Expansion Potential:

Excellent opportunity to increase hours and days and promote functions to take business to the next level.

Trading hours:

September to May opens Friday Saturday and Sunday Lunch & Dinner. Opens 7 days 9am to 9pm through School Holidays. But could increase days and hours if preferred.

Employees:
Owner plus with wife and casuals as required
Years established:
15 years, Owner operated 18ths

Other Information

Inventory / Stock value:
$6,000 (AUD)
Website:
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Contact Information

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