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Seafood Bar Waterfront Restaurant

Business for Sale
Peel Region WA

Over $40,000 per Week Turnover. Prime on the water location. Under management operation. No daily owner involvement. Exceptional business for a family. Consistent Huge Profits. Professional A+ Fitout

Under Offer

Price $890,000


Stock Included:
Stock Value:
Years Est:
Gross Revenue:

This is an excellent and firmly established and very popular seafood cafe with immaculate presentation and operates from modern premises in an excellent waterfront location in Western Australia. It is predominately a seafood restaurant which offers casual waterfront dining both inside and alfresco. As well as dine in, the business also offers takeaway meals.

The business is very well known and offers patrons a great range of foods – scrumptious seafood meals, snacks, desserts and ice creams, beverages and drinks with warm and friendly service. Sales are over $2 Million PA. The business is fully licensed and additionally has an Extended Trading Permit (ETP) allowing the service of alcohol without a meal as well as allowing the consumption of alcohol.

The location has amazing waterfront views with extensive seating for approximately 900.

Having successfully filled a need for many years for the locals, holiday makers and tourists alike, the business is now an established and well known destination.

The food and beverage industry is consistent and rock solid. Unaffected by mining booms and busts, people will always go out for a dinner meal, a coffee, a bite to eat or catch up for lunch with family and friends. Especially on weekends people will gravitate towards the water, to places with nice views and outlooks.

Operating completely UNDER MANAGEMENT

Excellent Long lease with Options

Outstanding professional Fitout, Plant & Equipment of $570,000

Goodwill of $300,000

Stock $20,000

The business is offered for sale for $890,000 inclusive.

Please email or telephone John Papamatheos for further details

Contact Seller


View Broker Profile

Contact: John Papamatheos
Phone: (089) 316-9777
Mobile: (041) 851-4577
Bsale ID: 98419

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