Food/Hospitality for sale
Established 15 Years Manly Beach
Licensed Italian beachfront restaurant that seats 50 people is well priced as it has an established local clientele as well as tourists. Recently refurbished both kitchen and restaurant with leather banquet seats with beach views, there is nothing to spend.
Trading seven days lunch and dinner serving modern Italian cuisine, supplemented with daily specials the price point is; Entrees -$17ph & Mains $32.
Excellent bar and interior fit out, outdoor seating, male & female toilets, closes 10pm. This business would suit a professional couple, a chef wanting his own restaurant or an experienced F&B manager.Reason for sale the owners wish to retire.
The price is not negotiable, however this business with new energy could potentially be wound up to increase the weekly revenue considerably by the right owner/operator who understands the location and the foundation already established by the present owners who have been there for fifteen years.
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Floor Area: 85 sqm
- Business Lease: $90,000.00
- Turnover: 950000
- Lease Options: 5
- Current Rent: $90000 per year (inc GST)
- Earnings Before Interest Tax: $150000
- Number Of Staff Members: 8