Highly Profitable Lifestyle Business.
Award winning absolute waterfront licensed Restaurant/Function Centre specialising in A La Carte and weddings/functions.
Panoramic water views, established 25 years current owner 15 years.
Catering to locals, weekenders, tourists and regulars (majority from Sydney) mainly of an extremely high income demographic.
Consistent turnover in the region $850,000 p.a. with adjusted nett to owners approx. $223,406 p.a.
October to April: Thursday to Sunday, lunch and dinner. May to September: Thursday to Sunday lunch. Thursday to Saturday dinner. i.e. 4 lunch and 3 dinners.
July/August: closed for 5 weeks.
Seats 70 or 90 canape style.
Average wedding spend $7,000 to $10,000 with approx. 20 plus weddings per annum.
Kitchen has undergone complete renovation with well maintained equipment and coolroom.
Top staff in place.
Great website and social media.
Plenty of opportunity to increase trading hours and days.
Highly profitable lifestyle business.
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Price: $380,000 + SAV
Business Reference #: 377
Region: Absolute Waterfront Exclusive Upmarket Location
Turnover: Approx $850,000 per annum
Adjusted Net: Adj Nett to Owners approx $223,400 per annum
Years Established: 25 years, current owner 15 years
Lease Terms: 5 year plus 5 year option
Lettable Area: 200m2 plus 120m2 storage
SAV: Approx $10,000
Permanent Staff: Vendors, 1 Sous Chef, 1 Chef, I Front House
Casual Staff: 4 casuals as required plus 1 kitchen hand
Plant Description: List to Follow
Hours Weekday: Please refer to Business Summary
Hours Weekend: Please refer to Business Summary
Rent per Calendar Month: $7750
Car Spaces: 0
Outgoing Paid By: Tenant
Category: Business,Business – Food,Featured,sale
Shop 2, 51 Kerry Crescent
Berkeley Vale NSW 2261
P: 02 4388 4399