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Brilliant Presentation Highly Profitable In Central Coast For Sale

Central Coast, New South Wales, Australia
Asking Price:
$360,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
Undisclosed

Licensed Café/Restaurant/ Function space

Sales in the region of $1m plus with nett to vendors $380 plus, highly profitable as currently operated or premium opportunity for the right experienced operator to take to the next extreme level.

Elegantly presented menu.

Fresh, creative modern cuisine, with wide range of menu choices, complimented with extensive range of fine teas, and quality coffee.

Overlooking a lush green valley, with warm welcoming ambience.

Seating approx. 80 plus comfortably, including al fresco dining, with views over a tranquil garden style setting, close to Terrigal.

Fully licenced with fine wine, beer and spirits available.

Currently operating 7:00 am to 3:00 pm over seven days for breakfast, lunch, morning and afternoon tea.

Huge opportunity to expand premium nights Thursday, Friday and Saturday al carte dinner. Trade, corporate, medical and wedding functions plus special events to grow the business to the next level.

Well organised and trained staff including chefs, baristas and efficient front house.

Extremely affordable rent $42,000 per annum includes building outgoings.

Well equipped kitchen, barista coffee and bar, chic dining area.

Plenty of off-street parking.

Inspections by appointment only.

Sale Price $360,000 plus SAV

Contact Exclusive agent John Ramsay

Business Reference #: 624

Region: Central Coast

Turnover: Approx. $1 million plus nett to Vendors approximately. $380k plus
Plant Value: Approx. $80,000

Years Established: 15 years, owner operated 7 years
Permanent Staff: Vendors plus Sou Chef, 1 apprentice and 1 short order cook.

Casual Staff: 6 casuals

Hours Weekday: 7:00 am to 3:00 pm Hours Weekend: 7:00 am to 3:00 pm

Lease Terms: 5 year plus 5 year option

Rent per Calendar Month: $3,500plus GST

Outgoings: Included in rent

Parking Comments: Plenty of off-street customer parking

Contact Exclusive agent.

If you want more information you MUST fill out a confidentiality form.

Property Information

Real Estate:

Lease

Lease Terms:

5 years plus 5 year option

Leasehold Rent:

$42,000 (AUD) per annum

Location:

Central Coast near Terrigal

Business Operation

Expansion Potential:

Huge opportunity to expand premium nights Thursday, Friday and Saturday al carte dinner. Trade, corporate, medical and wedding functions plus special events to grow the business to the next level.

Trading hours:

7 days 7am to 3pm

Employees:
Vendors plus Sou Chef, 1 apprentice and 1 short order cook plus 6 casuals
Years established:
15 years, owner operated 7 years

Other Information

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Inventory / Stock value:
$7,000 (AUD)