LINK Business Brokers Australia

About this business for sale in Newcastle & Region

Situated on Newcastle's beautiful harbour foreshore, this business is ripe for a operator who is able to utilise a currently dormant PSA liquor license.

Whilst currently trading as an Italian restaurant, the features of this business make it ideal to be be transformed into a different themed restaurant or even a wine bar. These features include:
* Long Lease (3 Years + 5 Year Option).
* Beautiful fit out with a modern dining décor.
* Panoramic restaurant with clear water views from all angles.
* Currently Seats 90 with the ability to hold 100 for functions.
* Loyal long term customers.

Please call the agent listed hereunder for an inspection!

#13888
Broker: Stuart McLachlan

To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/13888

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
 

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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.

Listing: #13888
Price: $175,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Central & North Coasts, Newcastle & Region
Food/Hospitality, Restaurant
*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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