For Sale $4,500,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

VIC

For Sale $4,500,000

Business Details

French Restaurant - Waterfront Cafe - South West Victoria

\nFrench Restaurant - Waterfront Cafe - South West Victoria - Agent SBX Code Number: GVR1009GJ

Unique complex consisting of two businesses - 350 seats - Licenced. (1) Gourmet standard restaurant serving French cuisine in an impressive and atmospheric environment. Large wine range, superb traditional food. Ideal exclusive and intimate venue for lunch/dinner/functions - Separate function room for 40 - 60 persons. (2) Cafe/restaurant serving modern Australian food. Huge seating capacity including large sheltered alfresco areas, magnificent food and unrivalled views. Casual atmosphere with large bar areas. - Serves 40 kgs of coffee per week. -Fully fitted kitchen.

Potential
Great inward investment opportunity.

Features
Location. Location. Location. - Fully equipped for functions, weddings etc. - An iconic local meeting point. - Huge loyal customer base.

Premises
Two storey landmark with panoramic windows on three sides for 270 degree views and a total area of 300 sq. mts.

Location
Waterfront location with panoramic views and high visibility promenade exposure.

Trading Hours
7 days - Mon. - Fri. - 11 a.m. till late. - Weekends - 9 a.m. till late

Lease
Current lease runs until mid 2028 - No bond as site is classified as crown land - CPI increases annually with rent review every 5 years.

Employees
90 staff

Comments
Family owned and operated for the past 34 years, this renowned business is both substantial and straightforward to run. Comprehensive and up to date IT systems. - Committed and professional staff and management.- This facility is also utilised by a hospitality training college.

Figures
Weekly Sales $115000
Rent (ex GST) $4000
Wages $53565
Profit $13700

Agent SBX Code Number: GVR1009GJ - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
  • Business Selling Price: $4500000
  • Trading Hours: 7 days - Mon. - Fri. - 11 a.m. till late. - Weekends - 9 a.m. till late
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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