Price
$750,000
Profit *
$250,000
Sales Revenue
$1,100,000
Location
Northern Beaches, Manly
Category
Food/Hospitality, Restaurant
Listing #
NSW09851
If you are looking for a stunning view and an unparalleled dining experience, look no further! With the sea right at its doorstep, this restaurant has been a regular spot for both locals and travellers. Located along a popular walking route within one of the most expensive housing areas in Sydney’s Northern Beaches it attracts both medium and high value clientele.
Family owned and operated, the business employs 4 to 10 staff members (depending on the season) and trades daily offering dine-in and takeaway options with a full alcohol licence.
Located in the heart of a high income and traffic area, the restaurant has a very loyal local and regional customer base, as evidenced by its stellar online reviews and robust social media following. The restaurant’s sterling reputation combined with its long history in the marketplace has established it as one of the best venues in the region for eating out with friends or family.
This is a great acquisition opportunity to immediately purchase a predominant established “ready-to-go” business that capitalizes on its long term goodwill, reputation and client base to generate strong financial returns.
Listing ID: NSW09851
Broker: Paul Helliwell
Phone: + 61 2 9899 1999 / 0419 015 046
Email: [email protected]
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Keywords: Food, Hospitality, Beverage, Restaurant, Cafe, Northern Beaches, Waterfront, Alcohol License, Bar
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*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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