Prime opportunity to acquire a high-turnover, fully licensed restaurant in this affluent South Coast town.
Impeccably presented and ready for an owner/operator or investor,
this 260 sqm venue combines an excellent chef's kitchen, contemporary fit-out and a relaxed coastal atmosphere that seats 80 patrons.
Key features
- Excellent full chef's kitchen with all new equipment recently fitted - turnkey operation.
- Seating for 80 patrons across a beautiful, relaxed coastal dining room.
- Full General (onsite) liquor licence in place.
- Generous premises of approximately 260 sqm.
- Rare offering in a sought-after South Coast location - high demand tourist and local catchment.
- Proven high turnover with strong profit potential.
Trading & Financials
- Current reported turnover: $35,000 per week (strong weekly revenue reflecting peak coastal trading).
- Trading pattern: Thursday to Sunday (trading hours currently 12pm-10pm).
- Exceptional upside for extended trading days, catering, events and marketing initiatives.
Lease & Outgoings
- Secure lease in place till the Year 2031 with a further 5-year option - long-term tenure for continuity.
- Rent: $1,300 per week, inclusive of GST and outgoings.
Premises & Location
- Situated in Gerringong, a rapidly popular and affluent South Coast township with strong tourism and local patronage.
- Contemporary fit-out designed for comfort and coastal appeal - ideal for diners, holidaymakers and locals alike.
- Layout and size perfectly suited to maintain high service standards and volume trade.
Asking Price & Opportunity
- Asking price: $649,000
- A rare chance to acquire a fully equipped, licensed restaurant of this calibre in an affluent coastal market. Perfect for an experienced hospitality operator seeking immediate income or an investor wanting a strong-performing asset with upside.
For more information or to arrange an inspection, contact Chris Minas Business Broker on ---------- [email protected]
Serious inquiries only
