Visit this listing at https://www.sbx.com.au/business?id=T3012

Business Code: T3012

Key Features: Restaurant - Bar - Sales $30,000 p.w - Nth Coast NSW - Fully Licenced

State: QLD

Location: Situated in a sought-after Northern NSW coastal destination, within a vibrant dining and lifestyle precinct. Surrounded by quality accommodation, established residential communities and popular tourist attractions.

Description

Restaurant & Bar - Prime Coastal Hotspot -

An exciting opportunity to acquire an established restaurant and bar in one of Northern NSW's most sought-after coastal dining and holiday destinations. Positioned within vibrant hospitality precinct surrounded by luxury accommodation, popular resorts, holiday apartments and established residential communities, this highly desirable location attracts locals, holidaymakers and tourists throughout the year. - Fully licensed - 100 seats.

The business boasts a fully equipped commercial kitchen, stylish bar and generous dining facilities, providing an incoming purchaser with substantial infrastructure and an established trading platform. The substantial fit-out, infrastructure and years of trading history provide a valuable head start. An exceptional opportunity for an experienced restaurateur, hospitality operator or ambitious chef/owner to capitalise on this sought-after coastal location and take the business to the next level.

Business name excluded from the sale. All genuine offers invited.

Summary

  • Features: Trades 5 days only - Prime position in a highly sought-after Northern NSW coastal dining and tourist hotspot. - Approx. $30,000 in weekly sales. Established trading history. Fully equipped commercial kitchen, stylish bar and generous dining facilities. Substantial existing infrastructure, strong local and tourist catchment, and an attractive asking price of just $185,000.
  • Potential: Outstanding potential for an experienced hospitality operator or ambitious chef/owner to capitalise on this highly sought-after coastal location. Opportunities include refreshing the menu and dining concept, expanding trading hours, introducing targeted marketing campaigns and attracting additional local and tourist patronage. The established premises, fully equipped commercial kitchen and bar provide an excellent platform to introduce fresh ideas, increase revenue and maximise the business's potential, subject to relevant approvals.
  • Premises: Two separate sections with kitchen, wine room and bar area and restaurant seating area with total area of approx. 250 sq.mts.
  • Trading Hours: 5 days. Monday: Closed. Tuesday to Thursday: 4:30pm to 9:30pm. Friday & Saturday: 12:30pm to 2:30pm and 4:30pm to 9:30pm. Sunday: Closed
  • Lease: Current lease expires in November 2028 with a 3 month rental bond also 3% annual rental increases and CPI annual rental increases.
  • Employees: 1 owner run under management + 1 full time manager + 1 main chef + 1 other chef + casuals
  • Sale Reason: Other business interests
  • Comments:

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$30,000

Cost of Goods

$7,800

Gross Profit

$22,200

Rent

$3,078

Wages

$12,000

Outgoings

$628

Telephone

$120

Insurance

$386

Electricity

$750

Misc1

$3,624

Total Expenses

$20,586

Estimated Stock (Additional)

$20,000

Net Profit

$1,614

Price

$185,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Fully Licensed - Seafood - Under Management

Business Code: T3012
Price: $185,000
+ Estimated Stock (SAV) $20,000

Key Features: Restaurant - Bar - Sales $30,000 p.w - Nth Coast NSW - Fully Licenced

State: QLD

Location: Situated in a sought-after Northern NSW coastal destination, within a vibrant dining and lifestyle precinct. Surrounded by quality accommodation, established residential communities and popular tourist attractions.

Business Overview

Restaurant & Bar - Prime Coastal Hotspot -

An exciting opportunity to acquire an established restaurant and bar in one of Northern NSW's most sought-after coastal dining and holiday destinations. Positioned within vibrant hospitality precinct surrounded by luxury accommodation, popular resorts, holiday apartments and established residential communities, this highly desirable location attracts locals, holidaymakers and tourists throughout the year. - Fully licensed - 100 seats.

The business boasts a fully equipped commercial kitchen, stylish bar and generous dining facilities, providing an incoming purchaser with substantial infrastructure and an established trading platform. The substantial fit-out, infrastructure and years of trading history provide a valuable head start. An exceptional opportunity for an experienced restaurateur, hospitality operator or ambitious chef/owner to capitalise on this sought-after coastal location and take the business to the next level.

Business name excluded from the sale. All genuine offers invited.

Summary

  • Key Features: Trades 5 days only - Prime position in a highly sought-after Northern NSW coastal dining and tourist hotspot. - Approx. $30,000 in weekly sales. Established trading history. Fully equipped commercial kitchen, stylish bar and generous dining facilities. Substantial existing infrastructure, strong local and tourist catchment, and an attractive asking price of just $185,000.
  • Potential: Outstanding potential for an experienced hospitality operator or ambitious chef/owner to capitalise on this highly sought-after coastal location. Opportunities include refreshing the menu and dining concept, expanding trading hours, introducing targeted marketing campaigns and attracting additional local and tourist patronage. The established premises, fully equipped commercial kitchen and bar provide an excellent platform to introduce fresh ideas, increase revenue and maximise the business's potential, subject to relevant approvals.
  • Premises: Two separate sections with kitchen, wine room and bar area and restaurant seating area with total area of approx. 250 sq.mts.
  • Trading Hours: 5 days. Monday: Closed. Tuesday to Thursday: 4:30pm to 9:30pm. Friday & Saturday: 12:30pm to 2:30pm and 4:30pm to 9:30pm. Sunday: Closed
  • Lease: Current lease expires in November 2028 with a 3 month rental bond also 3% annual rental increases and CPI annual rental increases.
  • Employees: 1 owner run under management + 1 full time manager + 1 main chef + 1 other chef + casuals
  • Sale Reason: Other business interests

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$30,000

Cost of Goods

$7,800

Gross Profit

$22,200

Rent (ex GST)

$3,078

Wages

$12,000

Outgoings

$628

Telephone

$120

Insurance

$386

Electricity

$750

Misc1

$3,624

Total Expenses

$20,586

Estimated Stock (Additional)

$20,000

Net Profit

$1,614

Price

$185,000
+ Estimated Stock (SAV) $20,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.