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Newly Refurbished Seafood Italian Restaurant For Sale

Central Coast, New South Wales
Asking Price:
Under $100K (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$50K - $100K (AUD)

Selling quality fresh and cooked seafood's located almost waterfront at Ettalong Beach. One of Central Coast's most iconic and popular holiday places.
Being part of such a beautiful & vibrant resort its only a plus amongst other. We have consistently withdrown busines from local clients and the resort is busy all year long thanks to the Motel and Cinema. Being part of this establishment is a guarantee itself. There are ferry that connect north Sydney within Only 15 minutes drives away from Patoonga, Pearl beach & Woy Woy.
We have another location (same philosophy, caracter and model) up for sale or to be included in the deal

• Well established business
• Low running costs
• Flexible lease
• Currently highly profitable, make money straight away
• WIW - stock included
• Flexible handover available
• Great existing staff and team.
• Recently renovated with new equipment, fixtures & fittings (some existing equipment belong to the landlord)
• Loyal customer clientele
• An existing simple and efficient business operations
• Rear lane access with multiple car parks.
• Across the road from beautiful Ettalong Beach - Off street customer parking at the front door
• Fully licensed 67 seats
• Well equipped kitchen
• Coolroom
• Sound system
• Split Air Conditioning in both rooms

Owner has spent a significant amount of energy, finances & time in the modeling if this concept. There is a solid marketing strategy implemented with deals running all week long attracting all kind of clients.
Currently Trading Tue-Sat 6pm - 9pm And Sunday 11am - 2.30pm

Lot of room to extend the trading hours to 7 days dinner and weekend lunches.

Get this deal before the summer season to maximise your invested capital.

Only genuine buyers.

All offer considered WIWO

Owner is relocating overseas and is looking for a quick sale.

Property information

Real Estate:

Lease

Lease Terms:

Lease can be negotiated with new owner in a 3 + 3 or whatever is suitable for new owner. Landlord will be happy to negotiate for the right candidate.
Rent include rubbish disposal and water usage.

Leasehold Rent:

$52,000 (AUD) per annum

Location:

Ettalong beach, Central Coast NSW

Premises Details:

Ettalong Markets, tourist resort

Business Operation

Expansion Potential:

Theres room to move thowards doing more pastries as none in the area and or cooffee shop and even extend the trading hours

Competition / Market:

Theres no much odd playing against. Theres other 2 restaurant in the area that do pizzas but theres little but none competitors when it comes seafood and what we do

Reasons for selling:

Owner is relocating overseas due to family commitment

Trading hours:

6 pm to 9.30pm tuesdsy to sunday

Employees:
5+ owner
Years established:
2

Other Information

Support & training:

The owner is able to stay over when the handover has done to train and support new owner and team.

Furniture / Fixtures value:
$200,000 (AUD) - included in the asking price
Inventory / Stock value:
$6,000 (AUD) - included in the asking price

Contact Information

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