Summary
Iconic Central Coast Restaurant with Panoramic Ocean Views Coastal Chic Aesthetic Earn Immediately Average Weekly Revenue $32 K Average Yearly Revenue $1655 000 Average Spend Per Head $105
Revenue
$1,655,000 pa
Rent
$95,000 pa
Expenses
$1,319,986 pa
Net Profit
$335,012 pa
Location Details
Central Coast NSW
Amazing Location in a Seaside Hotel Complex with Panoramic Ocean Views. Hotel runs 90 to 100% occupancy throughout the year. Stylish Chic Coastal floor to ceiling windows with sweeping ocean views. Blue Bay Beautiful Area - Plenty of easy parking!
Potential
• Liquor License with PSA Authority
• A la carte 90 Covers Capacity
• Room Service to hotel rooms
• Functions - Conferencing – Special Occasions
• Complete Restaurant Fit Out
• Commercial Kitchen Fit Out
• Complete Professional Bar Fit Out
• Several Storage Areas
• All Furniture, Fixtures and Equipment
• Stylish Decor
• Fully Trained Very Reliable Team Approx 8 Kitchen 8 Front of House
• Opportunity to add Large Covered Deck over the Ocean would add 30 seats
• Website
• Social Media - Email Marketing Data Base
Skills
Very easy venue to run with highly trained reliable team in place!
Everything set up running, systems and procedures in place.
Currently chef/owner who is semi retired only works in restaurant around 10 hours a week
Hours
Definetly can be run under management with experienced Managers in place!
Restaurant is open 6 nights 7 lunches.
Lease
Amazing Rent $1890 a week
Supportive Landlord
Lease to 2032
Employees
Great fully trained team in place! Head Chef 10 years Sous Chef 6 years Full Kitchen Team
Restaurant Manager 2 years, Supervisors, Section Waiters Full FOH team.
Reason for Sale
Owner is retiring after being a chef for 42 years, owning this restaurant for 21 years has enabled purchase of several properties and large supperanution! Made a fortune from this business!!!
About the Business
Absolutley Amazing Location - Panoramic Ocean Views!
Also Amazing Rent 6% of Revenue!
In House Restaurant Captured Market - Room Service, Conferencing, Alacarte, Functions
SMH Good Food Guide Description
Stylish Chic Coastal Eatery, innovative menu, floor to ceiling windows with sweeping ocean views. By day you may see whales or dolphins, by night dine under a romantic moon across the star lit water. Superb dining and truly genuine warm service (easy parking) comes together to create a relaxed fine dining experience not to be missed on the Central Coast.
Earn Immediately
Average Weekly Revenue $32 K
Average Yearly Revenue $1650 000
Average Spend Per Head $104
Dinning Area 120sqm with Covered Alfresco Bar Area
Trading Hours
Lunch Service Seven Days Monday to Sunday 11.30am – 2pm
Dinner Service Six Nights Monday to Saturday 5.30 pm – 8pm
Great Liquor Licence with PSA (can serve alcoholic drinks without food)
Onsite Parking
History
Extremely consistent financail performer year on year!
Current owner 21 years of fantastic business! Many regulars High Spend Large Tips!
Very affluent area of Central Coast - Blue Bay!
Great beveradge sales - cocktails, wine, beer, sake etc
Many groups, functions, family celebrations, couples!
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