Stunning Restaurant on Kangaroo Island. Ideally positioned, excellent reputation. Impressive financials. Your sea change business opportunity awaits.
Best offer - broad price guidance of $250,000. Sunset Food & Wine Restaurant (business only) is an institution and an iconic food experience destination on Kangaroo Island. The only 1 hat awarded restaurant on Kangaroo Island, positioned with 270-degree views over American Beach and operating just 5 months of the year with impressive turn-over returns ($450,000 approx.). The restaurant is located just off the main road that connects Penneshaw with American River and Kingscote; Just 7 minutes from the ferry at Penneshaw, 22 minutes to American River and 35 minutes to Kingscote. The potential to grow the business, increase trading months, augment the offering to clients with wine tasting, boutique beer, events destination and more is significant. In addition to existing local clients, a large tourist clientele, the imminent arrival of the Cliffs Golf Course, the potential for a new stream of clientele is likely - http://www.thecliffs.com.au/ Owned by chef Jack Ingram for the last 6 years, Jack has crafted a multi-award winning restaurant with awards at the "National Best Contemporary Australian Restaurant award from The Savor Australia Host plus Awards for Excellence" and awarded 1 Chef Hat from the Australian Good Food Guide in 2017. Restaurant seating of 55 inside and 50 out on the deck and can host a wedding up to 120 sit down and 150 stand up. Restaurant is available as a walk-in-walk-out transaction with a large inventory of equipment. Jack and his team are well connected with local food and produce suppliers ensuring the supply of quality ingredients and authenticity of each clients dining experience. Your opportunity for a real sea change is here on stunning Kangaroo Island while building a highly successful and iconic restaurant business.