Business Description

OUTSTANDING OPPORTUNITY NOT TO BE MISSED

HUGE $40,000 +++  TURNOVER PER WEEK

BUSINESS FOR SALE RARE OFFERING

ICONIC LICENSED RESTAURANT WITH PRIME VIEWS

As exclusive agents we proudly offer for sale this exceptionally rare opportunity in the hospitality and beverage industry.

Offered For Sale: Iconic Licensed Restaurant with Prime Water Views – $150,000 all up

Here  is an extraordinary opportunity to acquire a well-established, fully licensed restaurant in a truly stunning waterfront location. Boasting magnificent water and harbour views, this business has been established for many years and is renowned for its fabulous ambience with beautiful across the bay and direct on the water views. Operating for many years with solid and strong turnover it is offered with exceptional plant and equipment, and a new lease with options.

KEY FEATURES:
1. Prime Location: Overlooking the water, with alfresco dining options both inside and outside.
2. Strong Weekly Turnover: Consistently generating over $40,000 per week.
3. Fully Licensed: Including a fantastic and superb bar setup.
4. Operating Hours: Fully flexible – Open seven days a week – with all options for a new owner for breakfast, lunch, happy hour and dinner.
5. Extensive Plant &  Equipment: Fully professional set up, as new and maintained to the highest standard by the fastidious owner Includes complete modern restaurant fit out, indoors and huge alfresco, superb professional commercial kitchen set up, full cool rooms, fridges, freezers, and more, and will satisfy any new ingoing operator.
6. Current Owner: Absentee Ownership – Currently run under management and is a tremendous opportunity for an owner operator. Whether you are a single owner-operator, family or partnership or corporate hospitality group, this business will benefit greatly from hands on owner operators. Full time owner managers could easily grow this business  turnover, with realistic and conservative growth potential  of 20% to 30% in a very short period with a commensurate growth in profits.
7. Popular with Locals and Tourists: This business is long established  and consistently busy year-round, with a fantastic and very busy trade during school holidays, Christmas/ New Year period and during the summer holiday season. The area is enjoying a huge and continuing population from family and retirement housing growth as well as the number one coastal / beachside holiday destination in WA.  An thus this large-scale restaurant is perfectly positioned to attract locals, tourists, and visitors alike.

With a strong history of very high turnover (and under management ), it offers an ideal opportunity for an experienced operator to capitalize on its established reputation and boost profitability even further.

The landlord is offering a brand-new, long-term lease as required by the buyer and with favourable terms to ensure the business’s success for years to come. For those looking to expand, there is potential to upscale the business with a bar or tavern license (subject to subsequent licensing approval).

Asking Price: $150,000 All Up

Don’t miss out on this rare opportunity to take over this exceptional restaurant in an unbeatable location.

For further information, please contact the exclusive agent  via telephone, or by completing and submitting the confidential email enquiry contact form on this webpage to obtain a non- disclosure confidentiality agreement.

For any enquiries about this business, please complete the form below.