This well-established restaurant with amazing panoramic waterfront views is on the market for the first time in 17 years.
The restaurant is located within the beautiful Eurobodalla area of the NSW South Coast and boasts arguably the most picturesque setting in the region.
This prominent restaurant has a superb reputation, and the owner is willing to pass on years of goodwill to the right operator. The venue has always been a long-standing favorite with locals, as well as visitors to the area.
The restaurant has very appealing operating hours and is currently open for lunch Wednesday – Sunday and for dinner Thursday – Saturday nights. The business consistently provides a turnover of $22k plus per week, and this all comes from a business with consistent turnover and an envious lifestyle.
The premises are a purpose-built restaurant with a full commercial kitchen, with modern well-maintained equipment, a cool room, an abundance of dry, cool, and freezer storage, as well as a wine store, a separate office, and a herb garden. The restaurant is complimented by a 60-seat dining room with heating and cooling, plenty of clear views of the water, and a large outdoor area for more relaxed occasions.
There is an excellent opportunity for a chef with a partner team looking to get into their first business, that is already established while making a name for themselves or for an experienced restaurant owner looking to expand.
There is plenty of potential with multiple opportunities for a new owner to increase revenue. E.g. Expand on the opening days and hours, explore catering opportunities, explore function opportunities, explore themed or event dinners.
A restaurant of this calibre, in this type of location, are hard to come by and are tightly held. This is a must to inspect, and once you seen this place you will not be disappointed.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
A new 3-year lease commenced in January 2024.
Premises Details
Full commercial kitchen, cool room, wine storage, office, herb garden, loads of storage. Immaculate 60-seat dining room with heating and cooling. Expansive casual outdoor seating area.
Staff Details
The business is currently operated by the owner, 2 full-time staff, and a team of casual staff.
Opening Hours
Open for Lunch Wednesday – Sunday and Dinner Thursday – Saturday nights.
Opportunity
Extend the trading hours and days. Establish a catering side of the business. Promote and source functions, and regular themed dinner events are all wonderful opportunities that are available for the new owner.
**Weekly**
Turnover (inc GST) $22,972
Rent $1,339
Wages $8,298
Net Profit $1,895