Outstanding Income & Lifestyle OpportunityListing: #13712
About this Business for sale inOutstanding Income & Lifestyle Opportunity
This restaurant takes pride of place in the main street of one of Australia's most sought after lifestyle destinations. Bangalow is a 10 minute drive from the beautiful beaches of Byron Bay and set amongst a back drop of macadamia farms and luxury residential estates. The architect designed fit-out is only 2 years old and has all council approvals in place. The plant & equipment, including a built in pizza oven has been well maintained and remains as new.
Offering exceptional value:-
* Average weekly takings $27k
* Solid 5 x 5 year lease
* High profile corner location
* Quality fit-out, plant & equipment
* Growth opportunities
The current owners work in the business however the existing turnover could easily support a full time manager. The fit-out, plant & equipment alone would justify the current owners realistic asking price. They are ready to move on but willing to work with new owners to facilitate a smooth transition.
Asking Price: $250,000 plus stock (approx. $10k)
For full details contact Troy Potter
+61 7 5572 2122
+61 412 286 176
*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.