Ristorante Il Grifone Fully Licenced- Cafe- Bar For Sale - Prestigious Honeysuckle Waterfront Location - Massive Room For Growth - Sold as an Ongoing Concern
This is a superb opportunity for an experienced restaurateur to buy Ristorante Il Grifone, one of Newcastles finest restaurants. There is magnificent scope to put your own touch on the business and grow it exponentially. This would also be a perfect business for an astute investor to run under management and achieve a stellar return-on-investment.
Il Grifone is superbly situated on Newcastle harbour and is very popular with locals and visitors alike. The fit-out is modern with warm wood tones complemented with European accents. No expense was spared in creating a truly warm and inviting eating and drinking environment.
The restaurant is a huge 340m2 and currently seats 140 diners in a combination of indoor and al-fresco dining.The al-fresco area overlooks manicured gardens and lawn to the Newcastle harbour only metres away. Inside is an open plan design and a smart, working commercial kitchen. The menu is currently classic Italian fare. The restaurant can also cater for up to 400 guests for private functions.
Newcastle is the largest regional city in NSW with a population in the greater Newcastle region of over 526,000 people and this is predicted to rise dramatically over the next decade. There is unprecedented investment in infrastructure, commercial and industrial developments and a staggering rise in housing and apartment developments. The jewell-in-the-crown however, is the 7 stage Honeysuckle rejuvenation which is almost sold out. Get in here while you can.
This is a unique opportunity to buy into the exclusive Honeysuckle development and put your own stamp on this beautiful and very popular restaurant. For a confidential chat and more information, please contact Bill Quirk on the number above today!