Summary
A unique opportunity to acquire a well-established, full-service restaurant located in the bustling Bathurst CBD. Known for its exceptional cuisine and vibrant atmosphere.
Revenue
$800,000 pa
Net Profit
$220,000 pa
Location Details
Prime CBD Location: Situated in the heart of Bathurst’s CBD, attracting consistent foot traffic with unlimited parking.
Potential
- Increase prices
- Open more hours/days (e.g. Sundays +$75K)
- Promote functions
- Run specials
- Social media campaigns
- Increase seating
- Business has huge upside once cost of living challenges end
Skills
- If owner operator then kitchen and FoH skills
Hours
Tuesday - Thursday 5:30 to 9pm
Friday - 5:30pm to 10:00pm
Saturday - 12pm to 3pm and 5:30pm to 10:00pm
Lease
Currently month to month
Employees
Approximately 10 staff including 1 full time Head Chef
Reason for Sale
Owners looking to retire
About the Business
Key Features:
Prime Location: Situated in the heart of Bathurst’s CBD, attracting consistent foot traffic.
Seating Capacity: Accommodates approximately 100 patrons across multiple function areas.
Diversified Revenue Streams: Offers dine-in, takeaway, and delivery services through Uber Eats, and Menulog.
Proven Operations: Currently run partially under management. New owners can opt to continue under management or take a more hands-on approach.
What’s Included:
The sale includes all business assets required for seamless operations.
Financial Overview:
Financial figures are presented on a "pro-forma" basis, constructed from bank statements and invoices, providing an accurate projection for prospective buyers.
Note: Figures are prepared independently, as the business operates under a shared ABN with other venues.
History
Operting approximaetly 5 years
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