Reference No: XZW9024

Cafe and Restaurant
Culburra Beach NSW

Price: $199,000

South Coast Cafe & Restaurant | Dream seachange business For Sale

For sale is a well-established destination Restaurant located in the coastal town of Culburra Beach, only 2 hours from Sydney and Canberra and in close proximity to major regional resorts and holiday destinations such as Goulburn, Nowra, Ulladulla and Huskisson.

This profitable yet affordable business opens for cocktails and dinner 5 nights a week (Tuesday to Sunday) and is closed for a month in August. The business has in the past successfully traded for breakfast and lunch and new owners have the opportunity to increase turnover and grow the business by reinstating these offerings.

The fully licensed and spacious 264 square metre premises seats approximately 60 diners inside and another 40 in the covered, heated terrace. The fit-out is modern and attractive with an almost new fully commercial kitchen that was well designed to provide a space that can handle volume with ease.

The Restaurant is owned by highly experienced industry professionals who opened the business in 2016 having run another site for 3 years previously. With a young family and opportunities elsewhere, they feel the time is right to pass their baby on to the next owners.

There is a brand new 5×5 year lease with low rent available to an approved purchaser. The owners are also prepared to discuss the possibility of selling the building to the right buyer who could use turnover to pay off the property.

With many people looking to take domestic holidays the trading conditions are extremely bright for regional businesses and this location offers an amazing platform to build your dream business, whether you want to offer fine dining or the best fish and chips on the coast you have a strong and profitable base of trade to build from with the added benefit of an experienced and supportive team to help manage the transition.

Because the current operators also own the building the lease assignment process will be quicker and easier and well-prepared first time buyers will be considered.

*Image is used for advertising purposes only and do not represent the actual business

Turnover (inc GST) $14,639.00
Wages $3,260.00
Rent $900.00
Net Profit $3,462.28

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Price: $199,000
GSE Business Consultants
Level 32, 101 Miller Street
North Sydney, NSW, 2060

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Contact: Robert Illsley
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