Waterfront Restaurant

Yesterday, 4:22pm

Private Seller Marina Bar & Bistro

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Summary

Marina Restaurant, fully licenced, manager in place, 100+ seats with great outdoor space - little competition

Revenue

$1,120,000 pa

Rent

$67,500 pa

Expenses

$10,000 pa

Location Details

3 The Basin, Pelican Waters
Located near coles and woolworths, bottleshops very close by

Potential

A working owner to drive the business, Breakfast and morning trade - create a cafe feel in the mornings

Hours

We were trading 5 days per week (Wed-Sunday)

Lease

3.5 years on current lease with 2 x 5 year options

Employees

15

Reason for Sale

I wasnt able to give it the time required to make it what it should be - we had a great manager but it needs a personal touch from someone invested in the business

About the Business

We are selling our Marina Front Restaurant (fitout complete, with stock and equipment) - Walk in/Walk out with Liquor licence until midnight, 7 days a week

The Restaurant has over 100 seats, has amazing outdoor dining, good foot traffic as its on a well use walking path around the canals.

Has operated under management - will benefit greatly from hands on owners working in the business. Key Staff in place that are happy to stay with the business.

Happy to discuss anytime

History

Open for the past 12 months, everything is was brand new - includes all equipment needed to make it run

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