Food/Hospitality for sale
Restaurant - Australian Cuisine -Functions - Newcastle Area
\nRestaurant - Australian Cuisine -Functions - Newcastle Area - Agent SBX Code Number: KN1003
Restaurant catering for breakfast, lunch and dinner, and serving seafood and traditional Australian cuisine. - The restaurant offers an extensive international beer list and local beer on tap and comprehensive wine list. - The menu boasts locally produced seafood that is delivered to the restaurant daily. - Large kitchen, coolroom and storage area - 142 seats outside - 50 seats inside. - Outdoor spit barbecue is available for hire which can accommodate functions.
Opportunity to expand dining area and increase traffic through marketing campaigns in the area. - The business currently does not have a website so to develop this will increase the profile and attract customers visiting the district.
Popular tourist location - Well established. - The restaurant caters for indoor and outdoor dining in an exclusive setting.
Large outdoor beer garden / dining area plus enclosed indoor dining area and a total area of 426 sq. mts.
Water front marina location in popular area near Newcastle.
7 days - Summer - 8 a.m. - 11 p.m. - Winter - 8 a.m. - 7 p.m
5 + 5 + 5 year lease commenced in March, 2015
2 owners + 4 full timers + 6 casuals
Turnover was over $1,000,000 p.a. for the last 5 years. -Full financial information is available to all serious potential buyers in discussion with the owner.
Weekly Sales $0
Rent (ex GST) $2300
Agent SBX Code Number: KN1003 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Business Selling Price: $725000
- Trading Hours: 7 days - Summer - 8 a.m. - 11 p.m. - Winter - 8 a.m. - 7 p.m