Here is a great opportunity to own a licensed, casual restaurant situated in a wonderful seaside venue. Boasting a spacious and relaxed atmosphere, this establishment has become a local gem known for its award-winning kitchen and impressive average spend.
Key Features:
1. Casual Fine Dining Experience: Indulge your guests in a dining experience that seamlessly blends sophistication with a laid-back ambiance. The perfect setting for memorable occasions and casual get-togethers alike.
2. Licensed Restaurant: Enhance your offerings with a fully licensed bar, providing a curated selection of beverages to complement the existing culinary creations. Elevate your patrons' dining experience with a thoughtfully crafted drink menu.
3. Spacious Relaxed Atmosphere: Ample seating and a thoughtfully designed interior create a welcoming and comfortable environment for guests. The spacious layout allows for various seating arrangements, accommodating both intimate dinners and larger gatherings.
4. Award-Winning Kitchen: Benefit from a well-equipped and professionally designed kitchen, recognized for its excellence and innovation. A trained and experienced kitchen staff is in place to ensure the continued success of this culinary haven.
5. Seaside Venue: Enjoy the allure of a seaside location, offering patrons stunning views while they savor delectable dishes. The natural beauty of the surroundings enhances the overall dining experience, making it a destination of choice for locals and visitors alike.
6. Great Average Spend: The restaurant has consistently achieved an impressive average spend, reflecting the quality dining experience and the loyalty of its customer base.
Financial Highlights:
• Financials available upon request for serious inquiries.
• Proven track record of profitability and steady growth.
Why Invest: Seize this unique opportunity to own a successful and casual fine dining restaurant in a prime seaside location. The business is poised for further growth, and its reputation ensures a steady flow of both local and tourist patrons.
Lease Details:
Expires March 2026 + 5 year Option
CPI Increases with Market Review at the exercise of the option
Premises Details:
355 m2 of internal area + 21 m2 of external dining.
Staff Details:
2 Owners (Chef and part time FOH), 2 chefs, 2 apprentices, and 13 casual staff
Opening Hours:
Saturday and Sunday, 11:30 a.m.–2:00 p.m., 5:30–10:30 p.m.
Monday and Tuesday are closed.
Wednesday - Friday 5:30 p.m. - 9:30 p.m.
Opportunity:
Increase trading hours, maximise the use of the space as a unique function area.
**Weekly**
Sales $31,500
Rent $2,503
Wages $11,505
Net Profit $2,360
