A La Carte Dining On The Water Restaurant And Bar For Sale

Business description

An opportunity has arisen to purchase an Iconic Restaurant and Bar situated in the most sought after Urangan Marina Precinct. This delightful managed operation has tantalised many a fastidious taste for approximately 5 years.

With its excellent range of local and imported beers and wines (licensed to 12pm) combined with its International Style Cuisine specialising in MSA graded steak and local seafoods together with its second to none Marina position should ensure further growth possibilities.

Seating arrangements are for 80 inside (air conditioned) with a further 50 outside undercover seating protecting patrons from inclement weather conditions and further allowing the new owner to diversify into weddings, dinner functions and parties due to its superb location.

The business is secured by a long term lease and all plant and equipment is included in the purchase price. Boasting a gross turnover of around $700,000 per annum (2007) and the pending increase of the Marina by a further 200 berths completes the full package. For a confidentiality agreement and further details please contact Exclusive Agent Hype Commercial.



FEATURES/COMMENTS



Stock level approx $8,000
Lease term 10 + 5 x 5 x 5 year options
currently in 4th year of 10 year term
Currently under Management
Wheelchair Access
Plant & Equipment list provided
Suit Owner Operator

"STEAK ... YOUR CLAIM"

Property information

Real Estate:

Lease

Location:

Hervey Bay Marina