Summary
Significant Hospitality Opportunity on the Waterfront in Torquay An exceptional opportunity exists to acquire Bob Sugar, a fully equipped, licensed restaurant located in a prime waterfront position i
Location Details
17 The Esplanade
About the Business
Significant Hospitality Opportunity on the Waterfront in Torquay
An exceptional opportunity exists to acquire Bob Sugar, a fully equipped, licensed restaurant located in a prime waterfront position in Torquay. Beautifully appointed with a richly textured interior of neutral tones & timbers. Open 5 days per week serving a style of bold Asian fusion flavours with a premium beverage from their cocktail bar. This well-established venue is perfectly positioned to capitalise on strong foot traffic and the vibrant local tourism trade. Operating lunch and dinner (with extended trading during peak summer periods), the restaurant offers enormous potential for growth under new ownership.
Key Features:
- Seats 70 inside & 20 outside
- Fully equipped commercial kitchen includes:
- Rational Combination Oven and Cookrite four burner stove with oven
- Mieko pass through dishwasher, 2 x fryers, ice machine, Walk in cool room
- Lightspeed POS system with portable till iPad and docket printers
- Under bench fridges & freezers & plenty more
- Licensed venue with a popular Asian inspired menu adaptable to any cuisine
- Excellent waterfront location with ample off-street parking and high visibility
- Attractive lease terms and low overheads
- Benefit from strong community support and local reputation
- Ideal for a couple, hospitality duo, or chef-owner seeking a rewarding lifestyle change
This turnkey business provides an opportunity for an enthusiastic operator to build their own brand and continue a strong tradition of quality dining in one of Victoria’s most desirable seaside towns.
Business Highlights:
- Renowned restaurant location
- Interior architecture & design by Mitchell & Eades
- Favourable lease and rent conditions
- All restaurant plant and equipment included in the sale
- Support and transition assistance offered to the purchaser
- Prime position in a booming regional destination
Don’t miss this rare chance to secure a turnkey restaurant in the thriving Surf Coast region.
For further details, click here to submit a confidentiality agreement and obtain further information.
Richard Kelly
Phone: 0404 043 559
Email: [email protected]
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