Visit this listing at https://www.sbx.com.au/business?id=F3373

Business Code: F3373

Key Features: Restaurant - Seafood & Steak- Batemans Bay Nsw - Nett $4000 p.w.

State: NSW

Suburb: Batemans Bay, 2536

Location: Excellent location on the South Coast with river views and park adjacent for customers to eat from takeaway menu.

Description

Restaurant using local fresh produce specialising in seafood, steaks, salads, pastas and desserts - with vegetarian friendly, vegan and gluten free options - Travellers choice award 2020 - Full kitchen with large cool room, grease trap and exhaust. - Extensive wine list - Seating for 100 plus customers - Very low rent that includes all outgoings and impressive social media reviews. - A beautiful fully licensed themed bar sets the ambiance for this restaurant. .

Summary

  • Features: High quality design fit out with a large commercial kitchen - Long lease in place - Popular holiday destination - High foot traffic in peak season - Very low rent for the size of premises - Excellent social media reviews - Profitable - Same original owners.
  • Potential: Could extend the current trading hours (currently closed Tuesdays ) beyond 11 a.m. to 3 p.m. and 5 p.m. to 9 p.m. - Also there is an option to expand the trading hours for breakfast trade and to open Tuesdays.
  • Premises: Coastal beach theme throughout. - Tasmanian oak tables and chairs and large commercial kitchen and total area of 300 sq. mts.
  • Trading Hours: 6 days - Lunch - Wed. - Mon. - 11 a.m. to 3 p.m. - Dinner - 5 p.m. to 9 p.m. - Closed all day Tuesday .
  • Lease: Current lease expires March 2025 + a further 5 year option - Annual rental increases - bond 6 months
  • Employees: 2 owners - (Husband chef - wife supervisor ) + 4 kitchen hands working different shifts +2 full timers front of house + 3 juniors front of house working only weekends.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$5,940

Gross Profit

$14,060

Rent

$964

Wages

$5,000

Telephone

$60

Insurance

$124

Electricity

$540

Misc1

$1,972

Misc2

$1,400

Total Expenses

$10,060

Estimated Stock (Additional)

$30,000

Net Profit

$4,000

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar -Takeaway - Seafood - Steak

Business Code: F3373
Price: $300,000
+ Estimated SAV $30,000

Key Features: Restaurant - Seafood & Steak- Batemans Bay Nsw - Nett $4000 p.w.

State: NSW

Suburb: Batemans Bay, 2536

Location: Excellent location on the South Coast with river views and park adjacent for customers to eat from takeaway menu.

Description

Restaurant using local fresh produce specialising in seafood, steaks, salads, pastas and desserts - with vegetarian friendly, vegan and gluten free options - Travellers choice award 2020 - Full kitchen with large cool room, grease trap and exhaust. - Extensive wine list - Seating for 100 plus customers - Very low rent that includes all outgoings and impressive social media reviews. - A beautiful fully licensed themed bar sets the ambiance for this restaurant. .

Summary

  • Features: High quality design fit out with a large commercial kitchen - Long lease in place - Popular holiday destination - High foot traffic in peak season - Very low rent for the size of premises - Excellent social media reviews - Profitable - Same original owners.
  • Potential: Could extend the current trading hours (currently closed Tuesdays ) beyond 11 a.m. to 3 p.m. and 5 p.m. to 9 p.m. - Also there is an option to expand the trading hours for breakfast trade and to open Tuesdays.
  • Premises: Coastal beach theme throughout. - Tasmanian oak tables and chairs and large commercial kitchen and total area of 300 sq. mts.
  • Trading Hours: 6 days - Lunch - Wed. - Mon. - 11 a.m. to 3 p.m. - Dinner - 5 p.m. to 9 p.m. - Closed all day Tuesday .
  • Lease: Current lease expires March 2025 + a further 5 year option - Annual rental increases - bond 6 months
  • Employees: 2 owners - (Husband chef - wife supervisor ) + 4 kitchen hands working different shifts +2 full timers front of house + 3 juniors front of house working only weekends.
  • Sale Reason: Young family to look after.
  • Comments: Further premises information includes a large commercial kitchen with 3 fryers, hotplate, salamander, chargrill and oven all featured under a large commercial grade exhaust. - Also has a full inlet - outlet wash bay with a pull up dish washer and spray hose and dual wash sink - It has a staff toilet located at the back of premises and two patron toilets (one disabled and one unisex .) -
    Includes a large 3 x 3 meter cool room and a large storage room off the kitchen - Dining room space is approx.200 sq. mts.- .Children's playroom with iPad, tv and toys is visible with glass walls - this feature is very popular with children and families in the area. - The children are the patrons responsibility to watch not the business owners.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$20,000

Cost of Goods

$5,940

Gross Profit

$14,060

Rent (ex GST)

$964

Wages

$5,000

Telephone

$60

Insurance

$124

Electricity

$540

Misc1

$1,972

Misc2

$1,400

Total Expenses

$10,060

Estimated Stock (Additional)

$30,000

Net Profit

$4,000

Price

$300,000
+ Estimated SAV $30,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.