A great opportunity to purchase a popular and profitable restaurant in an excellent area. The business has been running successfully for 23 years with a strong customer base and consistent performance.
Key features:
Seating capacity: 95 indoors + 90 outdoors
Weekly takings: around $30,000
Trading: 6 days a week
Liquor license until 1:00 am
Suitable for functions and parties
Can be run under management
During the summer season, weekly sales can reach up to $50,000, as supported by financial statements. The business holds two liquor licences, including a takeaway licence, which provides further potential to increase sales in the future.
According to the vendor, the business reports an approximate net profit of $260,000 per year (to be verified by the buyer during due diligence)
Owner retiring and happy to provide full training
Prime location with strong foot traffic
Well-known and loved by locals
A rare chance to secure a profitable restaurant in a sought-after area. Perfect for investors or owner-operators looking for a reliable business.
For further information, please call Varsha Sherpa on ---- --- --- or 03 ---- ---- or email
[email protected]
Price: $520,000 Plus SAV
