Despite the yo-yo effects that COVID has had on many hospitality businesses, this business has had an exceptional year with an increase in sales of 30% from the previous year.
Annual sales 20/21 are in excess of $1,000,000 incl. GST with a healthy bottom line of around $200,000.
Located street-front with plenty of secure parking, this licenced restaurant has captured the appetites of locals and visitors to this inviting space. Brilliant location with beach views and indoor/ outdoor dining, the business operates 7 days with 1 working owner and a team of staff.
With a spacious, newly renovated interior and extensive outside seating area the beach views are a picture to look at no matter what the season.
The incredibly large kitchen space is equipped with a 6 gas hob burner, double deep fryer, extraction, electric oven, a double-deck pizza oven, walk-in chiller and everything else you need for any menu you choose to serve here. Additionally, the ice cream sales provide an excellent revenue stream all year and increase exponentially in the summer months.
Secure lease with reasonable rent for this 300m2 space, this business ticks all the boxes for anyone looking to own a well-established profitable business with masses of potential to grow the captive market that it attracts.
Call now to make an appointment to meet and discuss your next business adventure. Shitanshu Patel - 027 576 1288.
Price $599,000 + estimated stock value $15,000
For a confidential discussion please complete our online confidentiality agreement.
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