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Buy Restaurant and Cafe on Northern beaches Sydney

Retail - Food/Beverage Businesses for Sale in Collaroy, NSW, Australia

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Title: Restaurant and Cafe on Northern beaches Sydney
ID Number: 9743
State: New South Wales (NSW)
City/Town/Suburb:COLLAROY NEW SOUTH WALES 2097
Listing Type: Businesses
Categories: Retail - Food/Beverage, Small Business - Other, Food/Hospitality - Restaurant
Description: This well-established business is located on the main road opposite the beach is currently operating as an integrated coffee shop, restaurant and wine bar, with inside and outside seating for 50+.

There is a unique opportunity for expansion into the adjoining premises, which would allow a buyer to introduce their own concept or significantly grow the existing business.

Expansion would result in seating for 80-90 patrons, and leverage off the success of the existing business, which has a large and loyal client base of city commuters, families visiting the beach, surf club members, residents dining out and theatre goers enjoying a pre-theatre drink or dinner.

Long, cost-effective leases are available for both premises which are owned by the one landlord, and who is keen to support such expansion.

Current owners are taking around $140k out of business annually and are only selling due to family health issues. They are happy to continue to work with a buyer during transition of ownership.

Asking price $145,000.

For more details about this unique opportunity please contact:
Terry McGough on 0413744602 or [email protected]
Price: Upon application
Stock Value: Upon application
Net Profit: Upon application
Turnover: Upon application
Map of COLLAROY NEW SOUTH WALES 2097, AU

Contact: Principal David Ginnane
Sunbelt Queensland
Phone: 0755 293 700
Mobile: 0488 778 460
Fax: 0755 692 225
Email: [email protected]