Restaurant business for sale in Brunswick Heads
- Brunswick Heads NSW 2483
- Prices From $195,000 Negotiable
Wine bar / restaurant for sale | Byron Bay Area
This is a rare opportunity to walk in on a turn-key operation in paradise - this location is ready to roll for a busy summer trade and is priced to sell. Perfect for hospitality professionals or investors ready to make a name for themselves in a beachside town that’s been called “Byron Bay’s cool little sister”.
Business is situated in beautiful downtown Brunswick Heads in a high traffic area, only a few doors up from the iconic Hotel Brunswick and across the street from Banner Riverside Park. Doors open onto the footpath which is packed with people on weekends, holidays and the entire summer. Brunswick Heads is gaining notoriety as a foodie destination with the likes of Fleet Restaurant just around the corner, so expect this spot to come with visibility from day 1.
The venue itself is well-designed with versatility in mind. Outdoor seating is available on the footpath, and through a funky archway the restaurant opens up into a welcoming bar and dining area. Features a well-equipped open kitchen and fully functional bar with 3 beer taps, sparkling water system, glasswasher, etc. Also features a seperate full service coffee bar just inside the entryway for takeaway trade.
Seating capacity is approximately 60-70 patrons, including 20 seats outside and 40 inside the restaurant. The footpath dining area (18 m2) across from the park has become incredibly popular, as well as the casually elegant interior dining room and bar (115 m2).
The restaurant has an On-Premise Liquor License with a Primary Services Authorisation (PSA). Patrons can enjoy a drink with or without a meal, and service hours easily accommodate a full lunch and dinner trade.
Rent is consistent with market rate for the area and the lease comes with options thru 2029. Non-development clause is in effect thru 2023.
The Kingswood has built an excellent reputation and helped establish Brunswick Heads as a premier dining destination in the Byron Shire and beyond, with a loyal fanbase of both local patrons and urbanite visitors. The business currently operates as a wine bar / mediterranean restaurant. Suitable businesses may include casual, fine dining, wine bar, cocktail bar, Asian restaurant notably Japanese (ramen / sushi) or Thai would all work well in this space, or keep it as-is. Opportunities for expansion into takeaway trade are also tangible. All enquiries welcome.
Prior to opening in November 2018, the restaurant underwent a major refurbishment and there is nothing left for a new owner to do. All equipment is of high quality and in excellent condition. The business is exceptionally well-stocked.
Sales figures and inventory are available on signing of disclosure statement, reflecting the impressive revenue potential of this location.
Due to family circumstances the current owner is no longer able to work in the business making it a great opportunity for the next operator.
Priced to sell at $195,000.
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|Last updated||26 Aug 2019|