Restaurant business for sale in Merimbula
- Restaurant
- Merimbula NSW 2548
- $149,000 Plus SAV
Licensed Coastal Restaurant, 33-Hour Week, High Profit, Water Views
Flexible Lifestyle Business with Strong Profit & Untapped Growth Potential.
This is an exceptional opportunity to acquire a long-established, fully licensed restaurant in a vibrant coastal town on the Far South Coast of NSW.
Located in the heart of the CBD, this elevated venue boasts panoramic lake views, excellent street exposure, and a loyal customer base built over 15+ years.
With average weekly sales of $11,330 and a healthy net profit margin of 20.83%, the business delivers strong returns from a modest 33-hour trading weekmaking it ideal for a lifestyle buyer or a savvy operator ready to scale.
The venue features casual, vibrant interiors with seating for 60 indoors and a further 60+ across two outdoor terraces. Positioned on the first floor of a prominent complex, it enjoys leafy surrounds and uninterrupted water views that enhance the customer experience and drive repeat business.
Key Features:
*Long-established venue with consistent trade and strong community ties
*Prime CBD location with outstanding lake views and high visibility
*Indoor/outdoor seating for 120+ over multiple dining areas
*Licensed premises with high average spend ($45-$50 per head)
*Limited hours lifestyle or growth opportunity (5 lunches + 5 dinners weekly)
*Strong 20.83% net profit margin from $589,160 in annual sales
*All equipment owned no leases or third-party delivery platforms
*Turnkey business with experienced team and solid systems in place
*Sale due to health reasons motivated seller
Growth Opportunities:
Add breakfast trade, Sunday service, or extended dinner hours
Introduce local delivery or online ordering
Leverage the liquor licence for functions or special events
Capitalise on the strong tourism trade during holidays and weekends
With low overheads, high per-head spend, and minimal hours required to run the business, this is the perfect opportunity for someone seeking work-life balance or a high-potential platform to grow.
Enquire now to arrange a confidential inspection and discover the value behind this well-positioned hospitality gem.
Lease Details
7yrs remaining
Premises Details
Indoor Seating for 60
Outdoor seating two areas 26 sets at the front and 34 seats at the rear terrace.
Staff Details
Staffing as required to meet the sales targets each week, the vendor is happy to provide further guidance to buyer
Opening Hours
Trading hours Tuesday Saturday Dinner 5-8.30
Wednesday-Saturday Lunch 12-2.30
Closed Mondays and Sundays
Opportunity
* Delivery options, increased trading hours
* Introduce Mexican Fiesta nights, Taco Tuesdays, or Margarita Mondays to drive mid-week traffic..
* Offer take-home fajita/taco kits, catering platters, or meal deals for local events and businesses.
* Offer Online Ordering
* Provide live music
**Weekly**
Sales $11,330
Rent $1,507
Wages $3,217
Net Profit $2,145
Business Highlights
Business ID | 2020027764 |
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Floor Area | Ask Business Broker |
Category | |
Last updated | 29 May 2025 |
Business Highlights
Business ID | 2020027764 |
---|---|
Floor Area | Ask Business Broker |
Category | |
Last updated | 29 May 2025 |