Restaurant and Bar – Merimbula, NSW , , ,

Category: , , ,
$ 90,000
$90,000 with rent at 10% of turn over plus a 3 month free rent period to start for the right applicant.

Description

Fully licensed with a great mix of customers this business has been running successfully as a mix of different styles since opening  – Greek Seafood, Modern Australian, Mexican, Chinese, & now Woodfired Pizza & Seafood Grill since 2005.  Sourcing local produce where possible the business is a popular spot for locals and visitors to the area & has always traded strongly. 

Business Highlights:

  • Leasehold
  • Built in 2000 and recently refurbished 
  • Premises 278m2 Lot on Merimbula Lake with modern European galley kitchen + woodfired oven + outdoor seating & garden area
  • ROI $10-20 K in the busy time-$10 + K in quieter months – only operating 5 nights with no lunches
  • Run as a Licensed Restaurant or with small bar license with entertainment / food
  • Member of the local Merimbula Tourism Inc
  • Website: Stillwatermerimbula.com.au
  • Strong local following plus tourists
  • Owner & chef +  3 – 6 casuals
  • Currently opens 5pm till close – 5 nights pw
  • Could easily extend to 7 nights + lunches + breakfast on the weekend
  • Negotiable list of assets & equipment – detailed list upon enquiry
  • 2 weeks training provided to ensure a smooth handover
  • Owner retiring
  • Given its position, longevity, and future potential, this represents an unbeatable opportunity for a chef and partner seeking a good business in a lifestyle location. Opening for lunch and breakfast would boost profits for a buyer keen to grow the business further.

Price: $90,000 with rent at 10% of turn over plus a 3 month free rent period to start for the right applicant.

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