South Coast Licensed Hospitality Space | Awesome Value

28 days ago

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Tim Beard
 

Summary

Great First Business

About the Business

Ready to live the dream?

This is your chance to own a fully operational turnkey hospitality space that is currently trading as an Italian-themed pasta/seafood/pizza licensed restaurant, in one of the most picturesque spots on the NSW Sapphire -Coast all for unbeatable value!

Some of the key features about this fully established seaside Italian restaurant are;

*Consistent and reliable year-round revenue - situated in a prominent waterfront coastal location, ensuring high foot traffic and easy access for both locals and visitors.
*Low rent with 2% fixed annual increases, which is a rarity
*Fully operational and ready for an easy transition. Everything is up to date and in place, and the equipment is in excellent condition. You don't need to spend another cent. Great turnkey business, start trading straight away.
*Waterfront location offering indoor and covered outdoor dining options provide a relaxed and inviting atmosphere.
*Fully Licensed
*Full Commercial kitchen with grease trap, loads of storage, modern fit out with an extensive list of well-maintained equipment.

And the best part? There is still room to grow, Expand the trading hours and days, tap into online ordering, event catering, and chase functions-the potential is massive for a motivated new owner.

Whether you're a seasoned hospitality pro or a passionate foodie dreaming of your own space, this is a rare coastal gem that ticks the boxes: lifestyle, profitability, and growth potential.

Opportunities like this don't come around often-act now, make this place yours, and the coastal hospitality/foodie dream a reality!

Lease Details
The current lease is until December 2027, with fixed 2% annual increases.

Premises Details
The premises are warm, and inviting, and a commanding outlook and recently updated furniture help to provide a fresh vibe for diners. The fully fitted commercial kitchen has ample space for comfortable menu preparation and plenty of fridge, freezer, and dry storage.

Staff Details
The business is currently operated by three full-time staff(one of which is an apprentice) and a team of enthusiastic and engaged Casual staff.

Opening Hours
6 evenings Tuesday to Sunday from 5pm

Opportunity
This business screams opportunity. The owner is not currently present in the business and would be ideally suited to a hands-on owner-operator who can make instant savings in some key areas as well as drive the revenue line. The new owner could extend and expand the trading hours and offer lunch service, source more functions, and catering opportunities. You could easily do weekend day trade as a café and then evenings for pizza & pasta. You could add a delivery service and push more takeaway. There are loads of opportunities just waiting for a new owner to take advantage of them.

**Weekly**
Sales $14,550
Rent $750
Wages $4,960
Net Profit $1,830

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