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Central Coast Beachside Gem | Well Established Restaurant For Sale

Toowoon Bay, New South Wales, Australia
Asking Price:
$195,000 (AUD)
Sales Revenue:
$14,406 (AUD)
Cash Flow:
$2,652 (AUD)

Located in the heart of a vibrant beachside suburb on the Central Coast of NSW, this seafood a la carte restaurant is a well-supported culinary gem.

Nestled within the heart of the community, the business boasts a welcoming ambiance with a charming street frontage. Ample on-street parking is available nearby allowing customers easy access.

The restaurant caters to both regulars and tourists alike, drawing in visitors from nearby cities like Sydney and Newcastle.

Renowned for its great service and excellent food the business has built up a strong following over the years.

The interior exudes a warm and inviting atmosphere for diners with a clean and contemporary décor throughout.

Whilst it currently operates with indoor seating for up to 45 guests, there's ample opportunity for expansion with the potential for outdoor dining, as encouraged by the local council.

The well-maintained kitchen is fully equipped with the inventory owned outright by the business and in good condition ensuring a seamless operation during food service.

There’s ample scope for growth with potential opportunities to extend trading hours, obtain a liquor licence and explore delivery services like Uber Eats and Deliveroo.

Established for 38 years the current owners have been at the helm for the past 23 years and are now looking to retire.

This presents an exciting opportunity for a new owner to step in and elevate the business to new heights or take the business in a new direction.

With the option to extend the lease and capitalise on new initiatives such as online bookings and expanded operating hours, the potential for growth is boundless.

Don't miss your chance to explore this exciting opportunity.

Contact us today for further information.

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

Lease Details
Currently lease runs until 31/12/25 with an option to extend for 5 years
Landlord is happy to offer a new 5 + 5-year lease

Premises Details
Seating for 45 customers
(can cater for more if it’s a large group)

Staff Details
1 x owner/chef
1 x apprentice chef
4 x casual waitstaff
1 x casual kitchenhand

Opening Hours
Lunch from midday Thursday to Sunday
Dinner Tuesday to Sunday from 6pm
Closed Mondays

Obtain a liquor licence
Extend opening hours
Partner with home delivery companies
Add outside dining – the council are encouraging this
Online booking system

Turnover (inc GST) $14,406.00
Rent $1,156.90
Wages $3,284.61
Net Profit $2,652.69

Property Information

Real Estate: