Business DescriptionLocated on the beach in popular Echo Beach the restaurant has operated for over 5 year and is being sold for personal reasons.
The restaurant is 200Sqm, offers seating for 80, offering magical views as demonstrated in the attached photos.
There is an enormous amount of new development taking place within walking distance to the restaurant, a large hotel has recently opened.
The business has been run predominantly under local management, as the Australia owner has been forced to return to Australia for family reasons.
Undoubtedly an owner spending more time seeing over the business will produce improved performance.
The business will be sold with a 5 year prepaid lease, a further extension is available.
The business went through a name change recently, has live band performances on specific nights, also a DJ and have recently installed TVs to cater for the sports fan, as well as a billiard table.
The kitchen is well decked out, having all that is required to produce good food in a timely fashion.
Sale Price $225.000 – REDUCED - Inc of 5 years lease.
If you are looking to secure a great little business for a modest outlay, the sale of this business will enable that.
NOTE- Photos are actual.
You will be required to sign a CA (confidentiality agreement) before details are supplied