08 8361 3074

Stunning restaurant & bar in prime seaside location

$390,000 + SAV ($15,000 approx.)

Business Description

This restaurant and bar offers an exceptional dining experience with an emphasis on fresh, locally sourced ingredients in a prime seaside location.

With seating for 70 inside and 50 outside, it holds a liquor licence for 120 people, enhancing its appeal as both a dining and social destination.

The venue is uniquely positioned to take full advantage of its seaside location, boasting stunning views, where guests can enjoy their meals in an elegant yet relaxed environment. The elegant contemporary design with floor to ceiling windows creates a light and welcoming sophisticated atmosphere.

The restaurant has built a solid reputation for its quality service and carefully crafted menu, and benefits from a steady customer base and strong word-of-mouth, with patrons returning for the consistently high-quality dining experience.

Staffed by a dedicated team that ensures smooth day-to-day operations, the restaurant contributes to ongoing success.

At a Glance

  • Sophisticated modern interior
  • Highly desired beachside location
  • Seating 70 inside, 50 outside
  • 17 staff employed
  • Licensed for 120 people

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $390,000
Stock at valuation (approx) $15,000
$405,000

Staff Summary

There are 17 staff employed by the business, made up of 7 full time and 7 casual.

Lease Summary

Lease Term 7 years
Right of Renewal 2 x 5 years
Outgoings Landlord
Adjustments 2.5% p.a.

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