Food/Hospitality for sale
Popular Mandurah Foreshore Restaurant For Sale
Fantastic location in the busy tourist hub of the Mandurah Foreshore enjoying trade from some of the approx 1.8million day visitors to Mandurah every year. Ensuring the location for years to come is the solid lease til 2020 with an option for a further 5 years.
This restaurant, with a fabulous ambiance, is rated by Trip Advisor in the top 10 out of 137 Restaurants in the Region and has an almost 5 star rating on Facebook with over 1200 likes. The restaurant has benefited from a professional and very attractive fit-out from the existing owners who have years of experience in owning a restaurant. The business has a liquor license and extended trading license.
The restaurant is open 7 days a week for lunch and dinner serving a modern Australian cuisine and capitalises on the increased foot traffic on the Foreshore on weekends by opening for breakfast Saturday & Sunday as well.
The restaurant has the capacity to seat 65 diners inside and a further 25 outside and has weekly revenue in the vicinity of $15,000.
The business has seen steady growth since opening and is operating on a gross profit in the vicinity of 62%.
This vibrant establishment has nothing to spend with the freezer room and cool room both having major servicing and upgrade prior to opening and a lot of the plant list is only 6 months old.
Asking price has been reduced to $195,000 +SAV (approx $15,000). Please contact Wayne Cooper for a full business precis on or email Click to email
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- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Terms: Asking price has been reduced $195,000 +SAV (approx $15,000).