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Forster, New South Wales 2428

Restaurant

Niche Central American Themed Restaurant, Bar and Entertainment Venue - Leading Holiday Location -BH

MNC Business Brokers are representing this great opportunity to purchase a stable, profitable and well run restaurant, bar and entertainment venue on the NSW Mid North Coast Forster / Tuncurry region. This represents the opportunity for a single person or working couple to own their own business and enjoy a coastal lifestyle in one of NSW's most popular seaside tourist areas.

The business offers

* T/O in excess of $10,500 a week with strong percentage return
* Seating for 90+
* Late night liquor licence and entertainment venue licence (one of few in district)
* Premier location next to main CBD strip and across the road from lake
* Full fit out, bar and commercial kitchen all owned outright.
* No competition in this food space
* Loyal and regular customers both local and returning tourists
* Ability for growth as currently just open for evening dinner trade
* Stable revenue base with no variation over previous years
* Solid cost base

The business has a set menu and extensive cocktail bar list that is forever popular. The operation also involves themed nights each week for food specials that prove a regular draw card for diners.

The entertainment licence has seen the venue develop in a leading site for live musical entertainment to complement the food and bar service. Local and national acts perform at this venue.

The business has incumbent skilled employee staff at front of house as well as in the kitchen space allowing the current owners to take leave if need be. The incumbent owners can offer a detailed hand over period.


For more information contact Brian Hill at MNC Business Brokers on 0438 633 607 or email brian.hill@mncbusinessbrokers.com.au

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This listing last updated: 29th Feb 2016

Marketing Contact

Brian Hill

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Brian Hill

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Map Location ( get directions )

Forster, New South Wales 2428 Exact map location not provided