For Sale – Restaurant – Dee Why beach front

For Sale – Restaurant – Dee Why beach front

Price Reduced! $139,000 + stock $10k

2015 Turnover approx $22,000 a week
2016 Projected turn over $25,000 a week – July / Sept BAS

Profit $2,000 per week to owner. The current vendor is not a chef.

Profit to owner who is also a chef – $3,500 per week

Mediterranean/European-style restaurant with a loyal following amongst locals, plus excellent access to tourist trade due to prime beachfront position. Ocean and beach views from virtually every table, including the popular “terrace” area. Plenty of parking within 50-100 metres, and easy access to the beach.

Open for lunch and dinner 7 days with weekend breakfasts, and an opportunity to increase revenue by opening Mon-Fri for breakfast.

Indoor/outdoor seating for over 100.

Rarely does an opportunity come up to own a Restaurant on this popular northern beaches eating strip.

The outstanding presentation and fit out together with the dynamic position makes this restaurant one that deserves the attention of any astute buyer.

This prime beachfront position commands a rental of $4,040 plus GST per week.

Lease: Landlord has agreed to an assignment of the existing lease which has 3 years to run, plus a 5 year option.

Financials are available.

For more information please contact Rad Benicky on 02 9413 2977 or email rad@corebb.com.au

The post For Sale – Restaurant – Dee Why beach front appeared first on AIBB Sales Latest Business Listings.

Source: http://ift.tt/1QnjQAA