Ocean View Restaurant in Prime Location – The Entrance, NSW

The Entrance NSW
Asking Price $195,000
About
BS152376 - Limitless Potential – Liquor License till 12 am

This popular Restaurant has everything going for it – including a Prime Location and Ocean Views in an increasingly popular Tourist Destination.

Even better, it also has the support of long-standing local customers – and the potential to grow even further.

The current owner started working in the restaurant when it opened in 1999, buying it in 2019.

Business Highlights:

·      Seats approx. 90 customers – Upstairs overlooks the ocean

·      Perfect opportunity for a couple

·      Limitless potential to further boost income by extending trading hours

·      Potential to open for later trade as liquor license runs till 12am

·      Current employees are familiar with the internal workings / systems

·      Marketing & sales already in place - Business has a good reputation

·      Prime position for functions with ocean views

·      Existing customers already in place – Low risk of business failure

·      Approx. $90k of assets – including New Pizza Oven ($30k)

·      Staffing: Owner (25 hrs/week) + 2 F/T, 1 P/T, 4 casuals

The Entrance is a key location with a growing population. Voted the #10 Tourist Destination in Australia, the coastal town attracts scores of visitors every year.

Price: $195,000

Property Code: 3136
        
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