Let's keep it simple:
1. Turnover in excess of $1.6m per year ($31,000 + per week)
2. Profits in excess of $2,000 per week
3. All achieved with 7 sittings a week
4. 7 years left on the Lease
5. Great Location:. Opposite the beach and a destination for Locals and Visitors alike
6. Kitchen: Benefit from a well-equipped and professionally designed kitchen, recognized for its excellence and innovation. A trained and experienced kitchen staff is in place to ensure the continued success of this culinary haven.
7. Great Average Spend: The restaurant has consistently achieved an impressive average spend, reflecting the dining experience and the loyalty of its customer base.
8. Why Invest: Seize this unique opportunity to own a successful and casual dining restaurant in a prime seaside location. The business is poised for further growth, additional sittings available and its reputation ensures a steady flow of both local and tourist patrons.
Lease Details Expires March 2026 + 5 year Option
CPI Increases with Market Review at exercising of the option
Premises Details
355m2 internal area + 21m2 external dining
Staff Details
2 Owners (Chef and part time FOH), 2 chefs, 2 apprentices, 13 casual staff
Opening Hours
Saturday and Sunday 11:30?am2?pm, 5:3010:30?pm
Monday and Tuesday Closed
Wednesday - Friday 5:309:30?pm
Opportunity
Increase trading hours, maximise the use of the space as a unique function area.
**Weekly**
Sales $31,500
Rent $2,503
Wages $11,505
Net Profit $2,360
