Licensed Waterfront Cafe and Restaurant – Northern Beaches, NSW
Stock Included: — Stock Value: —
Years Est: — Gross Revenue: —
Business ID: BS144751
T/O $400,000 – Long established – Waterfront location
Established 15 years ago, this perfectly positioned waterfront cafe and restaurant was rebranded to a high professional standard by the current owner, with new signage and stationery, plus engaged and growing Facebook and Instagram profiles – zero to 700 followers in just three months!
Fully licensed with a great mix of customers, this business offers endless potential to a motivated buyer.
-Well-known local venue with an affluent and growing customer base
-Fully licensed from 10am to 10pm, seven days a week
-Licensed for 60+ patrons
-Large kitchen and Prep areas incl. two walk-in coldrooms
-Exclusive use dining area for patrons only.
-Strong and reliable supplier relationships across all supply lines
-Customers include local residents (up to 10km), cyclists, kayak groups, boat share owners, marina berth boat owners, commercial businesses, walkers, dog walkers
-Monthly rent $4500+GST
-Current lease expires Sept 2021, followed by six x three-year options
-Assets, equipment and stock at value can be included
-Owner works in the business and is supported with casual staff.
-Current trading hours Tuesday to Sunday 7.30am to 3pm and 5pm to 9pm on Fridays
This excellent investment would suit owner-operators or a family wanting to work in the business. There is a great opportunity for a good wage or regular drawings for operators who can complement the staffing requirements.
Well-established, the business offers plenty of potential for further growth – e.g. change to seven-day trading, open for more dinner services, all-day trading on weekends, catering and functions taking advantage of the waterfront location.
All the hard work has been done here but the current owner is no longer able to contribute the level of effort required to maximise the opportunity available from the business.