Very Busy Upmarket Restaurant on Central Coast

$375,000 plus SAV

Restaurant T/O $1.4m Plus!

Located in the premium beachside suburb on the Central Coast.

This extremely busy restaurant is on target for turnover $1.4m plus in the 2021 financial year with consistent increase in sales.

Operates 7 days lunch and dinner.

Top staff in place.

Website & established social media in place with 5 star reviews.

Exquisite presentation, fantastic functional premium fit-out with separate bar area and well equipped kitchen.

Opportunity to further increase seating.

Extremely affordable rent with seating 50 plus in & alfresco area.

First time offered for sale.

Price: $375,000 plus SAV SAV: Approx $40,000 mostly wines

Business Reference #: 550

Turnover: Approx $1.5m Plus

Adjusted Net: Approx $200k plus per annum

Plant Value: Approx $200,000

Years Established: 5 years owner operated

Permanent Staff: Manager, Head Chef & Sous Chef Casual Staff: Casuals as required

Hours Weekday: Lunch from 12pm Dinner from 5.30pm Hours Weekend: Lunch from 12pm Dinner from 5.30pm

Lettable Area: 70m2 plus Council Alfresco

Lease Terms: 2 years with 3 plus 3 option

Rent per Calendar Month: $3,900 plus GST

Outgoings: Paid By: Landlord

Parking Comments: Council Car Park nearby


Price $375,000 plus SAV
Business Type Business
Business ID 16
Category Food/Hospitality


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Agent Details

John Ramsay

Australian Business Brokers - Central Coast