Business ID: BS150506
Excellent Online Reviews - Licensed for 170 people
With a fantastic position close to Narellan Town Centre, this restaurant is well known for serving authentic German food.
Fully licensed and large enough to host functions and events there's great potential to grow this long-established business.
Business Highlights:
-German and Modern European Menu
-Established by current owners 15 years ago
-No local competition
-Wide customer base catering to all ages
-Close to Narellan Town Centre shopping outlets
-Spacious premises Lease: 5 + 5 years (No rent increase in first 5 years)
-Trading hours: Wed-Sat for dinner plus Sunday for lunch
-Well trained staff happy to stay on with the business
-2 weeks training provided to ensure a smooth handover
-Owners are now retiring and ready to hand over the reins to this successful business
Currently opening for dinner only 4 days a week and lunch on Sundays, there is huge potential (and demand) to increase the trading hours.
Given the premises are licensed for 170 guests, a savvy buyer would also further develop the function/event side of the business and add a website with online bookings. There is plenty of potential and future growth opportunities for a new owner to pursue or continue to run as is.
Price: $195,000 $220,000 + SAV
To find out more please contact:
Agent: Nigel Montgomery
0413 193 849
nigelm@propertypeople.net.au
Property Code: 2794