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Business ID BS7486

Renowned Restaurant/Café , Reception and Conference Centre For Sale.

2016/17 T/0 $1.3 Mil with Profits of $562K, Sale Price $930,000 Plus Stock.

This Restaurant, Reception and Conference Centre is a well established, renowned business and was acquired by the current owners in 2007. The character-filled establishment offers superb cuisine, an exceptional range of domestic and local wines and a fine setting. The alluring location of this restaurant provides a relaxed and enjoyable setting for patrons.

This historical building encompasses a restaurant and a large reception/conference/function rooms. The fully licensed restaurant area is fashionably rustic and creates an atmosphere of elegance, and its highly appealing dining experience in the restaurant is very welcome in the town. The owners have undertaken a major renovations in particular the back seating area and it now presents as a very attractive establishment. There are various secluded seating areas within the restaurant providing an ideal setting for groups requiring some degree of privacy.

BUSINESS HIGHLIGHTS

  • The restaurant seats up to 190 people and the reception/conference/function centre is available for weddings, seminars and all special occasions..
  • There is also a full sized commercial kitchen and bar area, a separate servery area for the conference room.
  • The kitchen and back-of-house areas have all been immaculately maintained and are of a very high standard.
  • The location offers the business ample parking. It is situated slightly outside the city limits, on a service road and offers customers more outside space to move around and socialise in a relaxed informal atmosphere.
  • Most of the other local food competitors cannot offer similar sized private function rooms with the same unique indoor/outdoor feel.

Owners are prepared to offer training for limited period of time, to be negotiated.

This is an outstanding business with much more to offer. This would be an ideal opportunity for new owners with a passion for the hospitality industry to further extend the opening hours and also market for increased functions (including more weddings) and outside catering jobs as the direct competition is limited.

Asking Price  $930,000. Plus Stock

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Business Sale Price:
$930,000
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