Prime opportunity to acquire a high-turnover, fully licensed restaurant in this affluent South Coast town.
Impeccably presented and ready for an owner/operator or investor,
this 260 sqm venue combines an excellent chef's kitchen, contemporary fit-out and a relaxed coastal atmosphere that seats 80 patrons.
Key features
- Excellent full chef's kitchen with all new equipment recently fitted - turnkey operation.
- Seating for 80 patrons across a beautiful, relaxed coastal dining room.
- Full General (onsite) liquor licence in place.
- Generous premises of approximately 260 sqm.
- Rare offering in a sought-after South Coast location - high demand tourist and local catchment.
- Proven high turnover with strong profit potential.
Trading & Financials
- Current reported turnover: $ 27,000 per week (strong weekly revenue reflecting peak coastal trading).
- Trading pattern: Thursday to Sunday (trading hours currently 12pm-10pm).
- Exceptional upside for extended trading days, catering, events and marketing initiatives.
Lease & Outgoings
- Secure lease in place till the Year 2031 with a further 5-year option - long-term tenure for continuity.
- Rent: $1,300 per week, inclusive of GST and outgoings.
Premises & Location
- Situated in Gerringong, a rapidly popular and affluent South Coast township with strong tourism and local patronage.
- Contemporary fit-out designed for comfort and coastal appeal - ideal for diners, holidaymakers and locals alike.
- Layout and size perfectly suited to maintain high service standards and volume trade.
Asking Price & Opportunity
- Asking price: $ 459,000
- A rare chance to acquire a fully equipped, licensed restaurant of this calibre in an affluent coastal market. Perfect for an experienced hospitality operator seeking immediate income or an investor wanting a strong-performing asset with upside.
For more information or to arrange an inspection, contact Chris Minas Business Broker on [Phone Number Censored] [Email Censored]
Serious inquiries only
Important Notice - Buyer Identification Requirements
In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.
To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.
Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.
If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.
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