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Restaurant and Bar – Maroochy River Vista

$288,000 plus Stock

Maroochydore, Queensland

Restaurant and Bar – Maroochy River Vista

High profile establishment overlooking the tidal waters at the mouth of the Maroochy River. 'Ocean Ended' Restaurant has an unbeatable location with expansive views providing relaxed elegant dining.

The business occupies the ground floor of 'Platinum' apartment complex and is surrounded by commercial developments and numerous modern 10 – 12 storey upmarket residential apartment buildings.

The business premises comprise 164m2 open plan Kitchen, Restaurant and Bar area plus 122m2 exclusive use enclosed outdoor dining area together with basement storage, 3 owner's car parks and visitor parks on site.

'Ocean Ended' has been owned and operated by the current owner since October '15. (Lease 3 years plus 3 options of 3 years each) Rent inclusive of Outgoings and GST $1,750 per week. (9% of revenue)

Plant and Equipment being sold with the business is extensive. Large all stainless commercial kitchen designed by a Chef, includes walk-in cool room with access hatch, separate wash up room, dry store and Staff facilities. The dining area accommodates 70 in comfort plus a spacious Bar and office.

Trading hours are lunch and dinner Wednesday to Saturday and lunch Sunday. Staff comprise owner and partner (Front of House), 2 x Chefs, Kitchen Hand, Bar person and 1 on call.

Scope exists to open seven days, lunch and dinner, particularly over the busy summer months, and expand Bar trade.

Join the move to the Sunshine Coast. Opportunity to purchase a Solid Cash Flow business strategically located in the Maroochydore CBD, on the water's edge abutting the Maroochy River approximate 15 minutes' drive to Sunshine Coast Airport and 70 minutes' drive to Brisbane.

Full training will be provided on all aspects of the business as necessary to ensure a seamless change of ownership.

View on Facebook, Trip Advisor, various hospitality sites and www.oceanended.com.au

Asking Price $288,000 plus Stock estimated at $8,000.


For business profile and viewing contact:

Trevor Tiplady
AW Business Sales
Ph: 0424438025
Email: trevor@amberwerchon.com.au

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Last updated: 29th August 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Maroochydore
State
 Queensland
Price
$288,000 plus Stock
Category
  • Restaurant

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Agency

Amber Werchon Property

Amber Werchon Property

Contact

Trevor Tiplady