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Business ID BS4023

Profitable Restaurant For Sale in a Thriving Regional Area

One of the Central Wests most Iconic Restaurants "Cobblestone Lane" is For Sale

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Cobblestone Lane Restaurant is situated in George Street overlooking the picturesque Machattie Park in Bathurst NSW, approximately two and a half hours drive west from Sydney.

Built in 1863, the dining room boasts a history and charm of the former Webb and Co. department store and a warm, elegant and contemporary atmosphere.
Although Bathurst has a number of casual eateries, Cobblestone Lane is the only formal Bathurst restaurant and is the only restaurant in Bathurst that is consistently included and reviewed in the Sydney Morning Herald Good Food Guide (since 2006), Gourmet Traveler Wine, wine list of the year (since 2008), restaurant and catering association Savor awards for excellence (since 2006).

Business Highlights

  • The owner is available for training for a negotiated time frame and cost.
  • The restaurant was established in March 2006 and still is in the hands of the current owners.
  • The restaurant is open for lunch and dinner from Tuesday to Saturday, and has good systems in place such as weekly ordering and staff targets, along with a strong customer base and reputation for good food, wine and service established over nine years.
  • The business has little competition and is situated in a thriving regional city with a strong economy and diverse lifestyle friendly population.

Asking Price of $240,000 WIWO includes equipment, fixtures and fittings and goodwill.

Stock on hand is not included in the above price and is estimated to be approximately $7000 to $12,000.

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