Stunning Cafe/Restaurant located in spectacular Bay of FiresListing: #TA00190
About this Business for sale in East CoastStunning Cafe/Restaurant located in spectacular Bay of Fires
This amazing cafe/restaurant is located in the busy holiday village of Binalong Bay located in the spectacular Bay of Fires region located on Tasmania's stunning East Coast.
The restaurant is superbly fitted out with quality kitchen equipment and has recently been renovated.
The restaurant itself takes in stunning views of the bay of fire's and is located just across the road from the main beach.
The restaurant is extremely popular with tourists and locals and has enjoyed excellent turnover during the current COVID crisis.
A perfect lifestyle business currently only trading 4 and a half days a week.
The restaurant offers an excellent opportunity for a purchaser to operate as is, or increase the opening hours to generate more turnover.
Meresta Eatery is a fantastic opportunity,and key business points are
- Turnover for 2021 financial year over 800k trading only 4 and a half days a week.
- Great lease in place with 16 months on the current term with two 3 year options available.
- Great value rent of $45,000 a year
- Easy to operate with wood fired pizza being a firm favorite with customers
- Seating for 65 patrons
Phone: +61 3 6135 4446
Mobile: +61 0417 357 037
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
*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.