For Sale $199,000 Plus SAV
For sale is a well-established Restaurant on the NSW South Coast, located only 2 hours from Sydney and Canberra this profitable Restaurant offers a 4 day working week and a month off in August.
The Restaurant opens for cocktails, lunch and dinner Thursday to Sunday and is run under part management with the owners not taking an active role in the day to day running of the business.
The fully licensed 264 square metre premises seats approximately 60 diners inside and another 40 in the covered, heated terrace. The fit-out is modern and attractive with an almost new fully commercial kitchen that was well designed to provide a space that can handle volume with ease.
The Restaurant is owned by highly experienced industry professionals who opened the business in 2016 having run another site for 3 years previously. With their young family they have decided that now is the right time to sell the business while it is affordable and with plenty of room for further growth.
The current operators own the building and are offering a brand new 5 x 5 year lease with low rent to an approved purchaser. They are also prepared to discuss the possibility of selling the building to the right buyer who could use the business to pay off the property as they have done.
The Restaurant closed for a period of time during Covid 19 lockdown but since reopening sales are up on this time last year and the business is enjoying high levels of demand. With overseas travel not available to holidaymakers for the foreseeable future, trading conditions are looking extremely bright for this business over the next couple of years. The business will suit experienced operators or first time operators with a confident and settled management team in place capable of full support.
If you are looking for a sea change then this is the dream opportunity you have been waiting for to purchase a busy, profitable bar/restaurant near the beach offering a fantastic work life balance.