Central West Restaurant & Grill | New Lease Secured

2 days ago

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Marc Gehret
 

Summary

One of the best-known restaurants in the Central West is seeking a new owner.

About the Business

One of the best-known restaurants in the Central West is seeking a new owner. Set in a premium, high-growth regional hub, this fully licensed restaurant and grill has been a local favourite for over a decade.

The current owner has built a flawless reputation, streamlined operations, and established a loyal customer base. Having successfully run the business for more than 15 years, the vendor is now looking to move on to focus on a young family. Offering a secure, long-term future, this premium turnkey asset is ready for an immediate and seamless takeover.

Key Investment Highlights:

Prime Corner Block Position: Unbeatable, high-visibility street presence in the heart of the town's primary commercial and shopping precinct, guaranteeing massive daily drive-by exposure and consistent foot traffic.

Brand-New Long Lease: Exceptional operational security with a brand-new, highly favourable lease in place featuring competitive rent terms.

Acclaimed Culinary Reputation: Famous across the region for its premium steaks, ribs, and casual dining menu, including a highly sought-after, dietary-friendly offering that captures a massive market share.

Fully Equipped & Licensed: Features a spacious, state-of-the-art commercial kitchen, a welcoming bar area, a large dining floor footprint, and a valuable full liquor license.

Robust & Diverse Revenue: Strong, proven financial history driven by multiple revenue streams, including a bustling dine-in trade, a highly active takeaway/delivery market, and private functions.

Seamless Transition: Supported by an experienced, well-trained team of front- and back-of-house staff, ensuring continuity of service from day one.

Lease Info
Initial Term: 5 years.
Commencement Date: 1 October 2025.
Termination Date: 30 September 2030.
Option to Renew: One (1) further period of 5 years (from 1 October 2030 to 30 September 2035).

Trading Times
Monday to Sunday 11:30am to 9:30pm

Size of Premises
Restaurant: 222.55 m
Basement: 121.81 m

Opportunity
The Ideal Buyer
This is an opportunity for an ambitious industry professional looking to step into their very first business, or an energetic husband-and-wife/couple team. If you already have hospitality experience and want to transition from employee to proud business owner, this venue offers a highly profitable, deeply respected, and de-risked foundation to serve a vibrant regional community.

**Weekly**
Sales $26,280.54 (FY26)
Rent $2,224 net
Wages $9,292.90
Net Profit $1,823.36 (owner-operator)

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