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Business ID BS5022

Sea Change Opportunity - Multi Award Winning Cafe/Restaurant For Sale

Potential Earnings for a working Couple $180K+ - Sale Price $238K plus SAV - Idyllic Port Macquarie

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Established by non-restaurateurs in 2006, this business has established itself as a cornerstone of the local café/restaurant scene. The business has won a plethora of industry awards including a Gold Award as Best Restaurant in Australia from Tourism Australia and has been recognised in the Hall of Fame by tripadvisor. Centrally located between the town centre and beach this business is popular with locals and tourists a like.

Business Highlights

  • For sale for fitout cost only
  • Consistently trading at over $1Mil + per annum
  • New menu 3 months ago has increased trade by 17% year on year
  • Brilliantly marketed with well supported loyalty program in place with 1700 members
  • Recently refurbished
  • Redcat POS for order management|
  • Seating for 50 inside and 50 outside
  • Captive market for residents of adjoining 4.5* Motel
  • Opportunity for growth into new market via Corporate Catering

The vendors are planning to leave the area to undertake their next development project. The business is well established with experienced staff so minimal training would be required for someone with hospitality experience. The vendor is happy to assist the new owner by providing handover assistance for a period to be agreed.

This is a brilliant opportunity for a person or couple with experience in the hospitality industry to increase the profitability of the business and utilise the state of the art 'Pre Order' system to expand sales into the Corporate catering market, a market that has little competition in this area.

Asking Price $238,000 (which includes all fixtures and fittings) plus stock at valuation

Xcllusive Finance

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