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Very Busy Upmarket Restaurant In Central Coast For Sale

Central Coast, New South Wales, Australia
Asking Price:
$375,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1,400,000 (AUD)
Cash Flow:
Available on request

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

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Property Information

Real Estate:

Lease

Lease Terms:

2 years with 3 plus 3 option

Leasehold Rent:

$46,800 (AUD) per annum

Location:

Premium Beachside Suburb on Central Coast

Premises Details:

70m2 plus Council Alfresco

Business Operation

Expansion Potential:

Opportunity to further increase seating to increase turnover

Trading hours:

7 days - Lunch from 12pm Dinner from 5.30pm

Employees:
Manager, Head Chef & Sous Chef and casuals as required
Years established:
5 years owner operated

Other Information

Furniture / Fixtures value:
$200,000 (AUD) - included in the asking price
Inventory / Stock value:
$40,000 (AUD)
Website:
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