Business Sales
Locals favourite, consistently booked out restaurant

Locals favourite, consistently booked out restaurant

Price: $400,000 + Stock

Over 40% of regular customers dining weekly.

Key Sale Highlights

  • Consistently high ratings of 4.8 stars on Google.

  • Nowbookit and Impos streamline bookings and operations.

  • 45 to 50% of regular customers visit weekly.

  • Financially stable with $20,000 in alcohol and up to $15,000 in perishable stock.

  • Initial fit-out investment of $100,000 to $120,000.

  • Two blocks from the beach.

Business Overview

Established in 2021, this well-established restaurant in Newcastle offers a Spanish-Italian influenced menu with a unique European wine list. The business operates as a dine-in-only venue with private function bookings and wine lunches. Alcohol sales account for 55% of revenue, while food contributes 45%. Strong weekend trade accounts for 30% of weekly revenue. The business attracts a mix of locals and visitors, with 45 to 50% of customers being regulars. Its prime location near the beach ensures steady foot traffic, while the vintage aesthetic, combining elements of a delicatessen and antique store, differentiates it locally. The venue offers 43 indoor and 24 outdoor seats, with an open-plan layout featuring a visible kitchen and bar seating. A skilled manager and team handle daily operations efficiently, with staff training focused on product knowledge and service. Marketing relies on brand identity, customer experience and organic word-of-mouth, with Instagram maintaining visibility. The business has growth potential through extended hours, lunch service and a structured takeaway option. It operates independently, offering flexibility for new ownership to maintain a hands-off approach or become more involved. *** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.

Financials

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Confidential Business Information and FAQ's

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