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Food, Beverage & Hospitality business for sale in Rye

  • Food, Beverage & Hospitality
  • 2113 Point Nepean Road Rye VIC 3941
  • $280,000 (GST na)

Sisco Popular Beachside Restaurant - Rye

BUSINESS HIGHLIGHTS:
Sales of $800,000pa and on track for a 20% sales growth for 2023/24
Open 5 nights for dinner from 5pm (closed Mon & Tues)
Secure lease until June 2031 and affordable monthly rent of $4,248.75 inc GST
Short trading hours only 25 hours a week with potential to increase profits further by opening for lunches during summer
Fully licensed until 11pm 7 days for 78 patrons inside + 65 outside/terrace
Good size commercial kitchen with excellent equipment
Unbeatable corner location with stunning costal views
Very high foot traffic area with both locals & tourists
Great business model - ideal lifestyle/owner operator venue
Will suit buyers with a budget circa $280,000

If you are looking for the ultimate sea change opportunity on the Mornington Peninsula in picturesque Rye, then stop looking - as this is it. With strong weekly sales and short trading hours it doesn't get any better than SiSCo.

SiSCo is located in an unbeatable corner position on Pt Nepean Rd and directly across from the Rye Foreshore stimulating huge foot traffic and prime exposure all year round. With a playful sense of holiday style, SiSCo, is the local you've always wanted. The fit out is modern casual, with a versatile floorplan to seat up to 78 patrons inside plus a large outdoor terrace area for an additional 65 patrons, perfect for larger groups and private bookings, especially over the warmer months ahead. There is also a full commercial kitchen recently renovated with excellent equipment including pizza oven, gas oven, grill/hot plates, grease trap, walk in freezer/cool room plus plenty of storage. Adequate parking can also be found in front of the restaurant as well as down nearby streets.

The restaurant has been a hit with the locals and tourists alike since 2017 and is well known for its quality casual dining and open for dinner 5 nights a week. The kitchen serves a delicious Italian inspired menu which centres on the preparation of authentic pizzas whilst also boasting a full a la carte menu with a large range of pastas, proteins, salads and mouth-watering desserts - all made from the freshest local sourced ingredients.

The business has provided the current vendors with a strong and consistent turnover. However, the vendors are now ready to move on and are motivated sellers keen to do a deal over summer and are offering the purchaser a comprehensive and professional handover to ensure business continuity after settlement. Call Marc on 0412 359 907 to inspect.

Business Highlights

Business ID2018940919
Floor AreaAsk Business Broker
Category
Last updated  5 Dec 2023
Map for 2113 Point Nepean Road Rye VIC 3941
Map for 2113 Point Nepean Road Rye VIC 39412113 Point Nepean Road Rye VIC 3941

Business Highlights

Business ID2018940919
Floor AreaAsk Business Broker
Category
Last updated  5 Dec 2023

Listed by

Marc Di Genova
Marc Di Genova
Just Business Brokers Melbourne
Call
0412 359 907

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