Licensed German / European Restaurant – Narellan, NSW

Narellan NSW
Asking Price $195,000
About
Business ID: BS150506

Excellent Online Reviews - Licensed for 170 people

With a fantastic position close to Narellan Town Centre, this restaurant is well known for serving authentic German food.

Fully licensed – and large enough to host functions and events – there’s great potential to grow this long-established business.

Business Highlights:
-German and Modern European Menu
-Established by current owners 15 years ago
-No local competition
-Wide customer base – catering to all ages
-Close to Narellan Town Centre shopping outlets
-Spacious premises – Lease: 5 + 5 years (No rent increase in first 5 years)
-Trading hours: Wed-Sat for dinner plus Sunday for lunch
-Well trained staff happy to stay on with the business
-2 weeks training provided to ensure a smooth handover
-Owners are now retiring and ready to hand over the reins to this successful business

Currently opening for dinner only 4 days a week – and lunch on Sundays, there is huge potential (and demand) to increase the trading hours.

Given the premises are licensed for 170 guests, a savvy buyer would also further develop the function/event side of the business – and add a website with online bookings. There is plenty of potential and future growth opportunities for a new owner to pursue or continue to run as is.

Price: $195,000 – $220,000 + SAV

To find out more please contact:

Agent: Nigel Montgomery  

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Property Code: 2794
        
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