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Restaurant Bar With Unbeaten Waterfront Location!

$800,000

Sydney Streets Region, New South Wales

Restaurant Bar With Unbeaten Waterfront Location!

If you are looking for a stunning view and an unparalleled dining experience, look no further! With the sea right at its doorstep, this restaurant has been a regular spot for both locals and travellers. Located along a popular walking route within one of the most expensive housing areas in Sydney’s Northern Beaches it attracts both medium and high value clientele.
• $1.1M Turnover (FY 2020)
• $250K Adjusted Net Profit (FY 2020)
• Est. 20 years ago (current owner since 2015)
• 4-10 staff members
• 83 seats (indoor and outdoor)
• 4+5+5 year lease at $15,787 inc GST per month

Family owned and operated, the business employs 4 to 10 staff members (depending on the season) and trades daily offering dine-in and takeaway options with a full alcohol licence.

Located in the heart of a high income and traffic area, the restaurant has a very loyal local and regional customer base, as evidenced by its stellar online reviews and robust social media following. The restaurant’s sterling reputation combined with its long history in the marketplace has established it as one of the best venues in the region for eating out with friends or family.

This is a great acquisition opportunity to immediately purchase a predominant established “ready-to-go” business that capitalizes on its long term goodwill, reputation and client base to generate strong financial returns.

Listing ID: NSW09851

Broker: Paul HelliwellPhone: + 61 2 9899 1999 / 0419 015 046Email: paul.helliwell@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09851

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Keywords: Food, Hospitality, Beverage, Restaurant, Cafe, Northern Beaches, Waterfront, Alcohol License, Bar
Ref: NSW09851
Timestamp: 20210530030111

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Last updated: 30th May 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Sydney Streets
State
 New South Wales
Price
$800,000
Category
  • Restaurant

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