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Motivated Vendors - Prime River Front Restaurant for Sale – Sunshine Coast QLD

$295,000

Noosaville, Queensland

Motivated Vendors - Prime River Front Restaurant for Sale – Sunshine Coast QLD

Handsomely positioned with a commanding view of the ever-popular Noosa River. This established diner has always been a strong performer amongst other venues and continues to outperform from this legendary site on the famous Gympie terrace.

Respectfully presented and always the spot on visitors lips, this venue is now available for the first time in many years as the founders are looking to hang up their aprons.

With the focus being a light intimate dining room, this restaurant compliments this holiday destination by providing an airy casual outdoor dining area to enjoy the balmy summer nights, with patrons varying from casual lunchtime diners, or people having a few drinks, to those enjoying a special dinner - there is a diverse revenue stream.

Key Considerations…..

• Classic Quality Riverside food offering
• A Stone’s throw away from the River
• Immaculately Presented Financials
• Long standing consistent & respected business
• Strong Recognizable brand
• Awesome $1.1+ million T/O
• Rent at 7% of T/O
• 68% GP
• Adjusted Nett Profit $200k+
• Solid yet flexible lease term
• Highly regarded Social Media reviews
• Capitalise as an owner Operator
• Fully Liscenced

POA. OFFERS TO BE SUBMITTED

Imagine owning one of the most respected and best-positioned restaurant sites on the Noosa River…Don’t miss out and Call me today 0413118718

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Last updated: 14th April 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Noosaville
State
 Queensland
Price
$295,000
Category
  • Alcohol/Liquor
  • Cafe/Coffee Shop
  • Function Centre
  • Restaurant

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Agency

Benchmark Business Sales & Valuations

Benchmark Business Sales & Valuations

Contact

Wolfgang Groh