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
17 yrs

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 Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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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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