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Fully Negotiated New Price!

Description

The owner has shared that they will consider a vendor finance arrangement with the right buyers and also their willingness to assist a new owner in multiple ways to allow for a seamless and easy transition. This prominent restaurant has a superb reputation, and the owner is willing to pass on years of goodwill to the new owner. The venue has always been a long-standing favorite with locals, as well as visitors to the area.

This is a fantastic lifestyle and business opportunity. The restaurant is open for Lunch Wednesday – Sunday 12 – 2 pm and Dinner Thursday – Saturday nights from 6 pm.

• Awesome, picturesque waterfront location, with stunning panoramic views.
• $23k average weekly turnover
• Rent is great value at less than 5% or turnover.
• Long term security with 3x3x3 year options on top of the current lease.
• Currently only operating 4-1/2 days per week.
• Extensive list of well maintained quality inclusions.
• Loads of opportunity to expand and grow.
• Completely established, takeover and start trading straight away..

There is an excellent opportunity for a chef with a partner team looking to get into their first business, that is already established, while making a name for themselves or for an experienced restaurant owner looking to expand.

The restaurant has very appealing operating hours and is currently open for lunch Wednesday – Sunday and for dinner Thursday – Saturday nights. The business consistently provides turnover of $23k plus per week, and this all comes from a business with consistent turnover and an envious lifestyle.

The venue is a purpose-built restaurant with a full commercial kitchen, modern well-maintained equipment, a cool room, an abundance of dry, cool, and freezer storage, as well as a wine store, a separate office, and an herb garden. The restaurant is complimented a 60-seat dining room with heating and cooling, plenty of clear views of the water, and a large outdoor area for more relaxed occasions.

There is plenty of potential with multiple opportunities for a new owner to increase revenue. E.g. Expand on the opening days and hours, explore catering opportunities, explore function opportunities, explore themed or event dinners.

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