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PRICE DROP. Iconic Restaurant with Enviable Reputation

Under Contract / Offer

Terrigal, New South Wales

PRICE DROP. Iconic Restaurant with Enviable Reputation

Price $299,000 +SAV
Annual Turnover $1,050,000+
Adjusted Annual Profits $160,000+
Weekly Adjusted Profits $3,076+
Monthly Rental $11,000
Lease Term - Long Term Negotiable

Can Be Run Under Management

Highly esteemed restaurant with unmatchable views

On offer is an iconic Terrigal restaurant, with undeniably breathtaking ocean and bay views. Situated in a unique position, this business has established regular and repeat customers and is also very popular with tourists. Terrigal and its neighbouring suburbs are internationally renowned tourist destinations, known for breathtaking views and beautiful beaches.

A professionally run restaurant with an enviable reputation, all set in a modern and friendly dining atmosphere. This business has consistently strong trading figures twelve (12) months of the year. This business is fully licensed, offering a wide range of beverages, including Cocktails, Beer and Cider, Aperitifs, Tea and Coffee, and an extensive carefully selected Wine list.

Providing ala carte and casual dining, this restaurant offers a diverse and high quality Modern Australian menu, including delicious Seafood dishes, there is something to suit all taste pallets.

Due to COVID-19 restrictions, the function menu is not currently being offered, however private dining is available for up to ten (10) guests.

This Restaurant has won many awards, including Best Seafood Restaurant Regional R & C Awards, and Australian Wine List of the Year (Gourmet Traveller). The Sydney Morning Herald Good Food Guide refers to this restaurant as "The Grand Dame of Central Coast Dining" and a "coastal gem". Both the restaurant's website and Facebook page boast outstanding customer reviews, and the photos speak for themselves.


The experienced, friendly, and professional staff are fully trained. Staff include:

- Head Chef
- Chef x 2
- Apprentice Chef's x 2
- Kitchen Hand
- Casual Floor Staff x 6

The business would suit someone looking for a sea change, a competing business looking at expansion or an investor seeking a business that can be run under management.

Please contact Dani Rifai on 0411 870 977, at dani@bagents.com.au, or click on the link provided for more information (Licence Number 10064471).

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Last updated: 5th May 2021

Summary

Property Type
Business
Contract Type
Under Offer
Location
 Terrigal
State
 New South Wales
Price
Under Contract / Offer
Category
  • Restaurant

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Dani Rifai