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Beachside Restaurant with Real Profits

$485,000 + SAV

  • ID Ref 3951
  • Suburb Peregian Beach
  • State QLD
  • Status For Sale
  • Beachside Restaurant with Real Profits

Business Description

Looking for a well-established licensed restaurant with an outstanding financial performance in a fantastic beachside location? Surely this headline sounds like an opportunity too good to be true?

The opportunity is real and is just as good as it sounds.

Located at the northern end of the Sunshine Coast, just a short drive from Noosa, this restaurant has been operating for the last 8 years under the stewardship of the current owners. It boasts one of the most consistent financial performances we have ever seen in a business of this type and it is a popular destination for tourists and locals alike.

Customers enjoy a Modern Australian cuisine, cooked simply, utilising the best ingredients but without fuss.

This restaurant is a highly organized and well-structured workplace with skilled staff in place to handle both front of house and kitchen duties. It is the ideal business for a new owner that wants to work "on" the business, rather than "in" the business.

KEY FEATURES:
* Located adjacent to the beach and beachside park
* Surrounded by trendy boutique shops
* Highly rated on both TripAdvisor and Google
* Trained staff in place who can handle all aspects of the business
* Open 6 days per week
* Average sales of $1.53m pa over last 3 years (FY2018 $1.57m)
* Rent is only just over 5% of total turnover

This is a genuine opportunity to purchase and established business in a great position, with great staff and a great reputation. When purchasing this restaurant, you are not buying "potential" - you are buying a business with proven success and solid financials to back up the claim.

If you have considered buying a Noosa restaurant you will quickly realize that this Peregian Beach restaurant offers a more attractive rent and lower overheads that result in a higher profit margin.

For more information about this outstanding business opportunity please contact Paul Price at Proactive Business Sales on 0477 971 716 or email paul@proactivebusinesssales.com.au

NOTE: Photographs displayed are for illustration purposes only and are not of the actual business for sale. [P]

Business Features / Snapshot

Your Business Broker

Paul Price

Business Location

Peregian Beach, Queensland 4573