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Under Management Club Restaurant/Bar $72k pw

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Price

$1,050,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Sydney Region, Northern Beaches

Category

Food/Hospitality, Restaurant

Listing #

NSW10660

Sarah Panosian

Business Broker
NSW
+61 2 9899 1999
+61 413 248 879
sarah.panosian@linkbusiness.com.au

Gareth Wolrige

Business Broker
NSW
+ 61 2 9899 1999
+61 448 715 762
gareth.wolrige@linkbusiness.com.au

About this business for sale in Northern Beaches

An exceptional business drawing on the success and renovation of one of Australia’s best-known and iconic clubs. A well-established, premium and local favourite seafood and steakhouse restaurant located within one of Sydney’s most iconic club’s commanding sea and coastal views.

Renowned for serving quality produce cooked to order and selected from Australia’s paddocks and coastlines, the chefs have created a menu full of delicious, locally-sourced dishes offering shared boards of succulent seafood and tender meats.

Key Investment Features 

  • High turnover FY22  $ 60,000+ weekly turnover plus additional revenue from private ticketed events.
  • FY23 Average $72,000 weekly turnover
  • Loyal club membership and aggressive marketing by the Club Management
  • State of the art fully renovated Club facilities
  • Security of tenure – Long Lease
  • Shared outdoor terrace
  • Fully staffed with exceptional head chef
  • Stunning fit out and fully equipped restaurant/bar

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

Listing ID: NSW10660

Gareth Wolrige
Business Broker
Phone: + 61 2 9899 1999
Mobile: +61 448 715 762
Email: gareth.wolrige@linkbusiness.com.au

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker. Stock photo images may be used to represent the business on an unidentified basis.

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Sarah Panosian

Business Broker
NSW
+61 2 9899 1999
+61 413 248 879
sarah.panosian@linkbusiness.com.au

Gareth Wolrige

Business Broker
NSW
+ 61 2 9899 1999
+61 448 715 762
gareth.wolrige@linkbusiness.com.au

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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