For sale is this very affordable opportunity to acquire a fully fitted licenced restaurant which also includes a 3-bedroon onsite accommodation.
Currently not trading, this near new business has been a successful restaurant until recent weeks however it is being sold purely for its high end fit out, substantial inventory and lease assignment. The site also comes with a 3 Bedroom unit with separate access. Which the owner can use it or rent it out for at least $20K per annum.
Situated in the heart of a bustling local community surrounded by cafes, tourist accommodation and many other independent businesses, creating strong footfall and passing trade throughout the day and evening.
The area is a vibrant year-round holiday destination and just an easy 45-minute drive from Port Fairy and a 4 hour drive down the highway from Melbourne. Known for being the home of the Big Tuna plus incredible whale watching, the tourism market brings thousands of visitors to the area.
The premises are 329 sq metres in size, with a contemporary fit out and substantial inventory. There is customer seating for 70 customers inside plus an additional 40 seats outside. Clad with Heritage interior bluestone walls which add a touch of history to the modern setting, creating a unique atmosphere, there are large bi-fold windows which open to the coast, providing a breath taking backdrop.
Behind the scenes, the restaurant is equipped with everything needed for a successful kitchen. From top-notch gas cooktops to versatile flat grills, even a Combi oven and cool room, all are included in the price.
Trading successfully for the past two years the business is two years into a 5 x 5 x 5 x 5 year lease and has built a strong reputation in the local community.
The current owner has multiple business ventures and is now wanting to focus on those full time. This creates a fantastic opportunity for someone new to come in, take charge and re-open the doors.
As a highly attractive opportunity, priced well below fit out cost!
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
2 years into a 5 x 5 x 5 x 5 year
Premises Details
329 sq. metres plus use of a 3 Bedroom unit with separate access. The owner can use it or rent it out for at least $20K per annum.
Opportunity
All set up and ready to go at a fraction of the cost that it would be to start from scratch.
Great location with strong footfall and passing trade
Extending previous opening hours
Offer home delivery
Build on a previous strong reputation
**Weekly**
Rent $1,045.47 plus rates at $67 per week