South Coast Licensed Hospitality Space – Awesome Value – Great First Business

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South Coast NSW

South Coast Licensed Hospitality Space – Awesome Value – Great First Business

  • $99,000 plus SAV

Description

Ready to live the dream?

This is your chance to own a fully operational turnkey hospitality space that is currently trading as an Italian-themed pasta/seafood/pizza licensed restaurant, in one of the most picturesque spots on the NSW Sapphire -Coast all for unbeatable value!

Some of the key features about this fully established seaside Italian restaurant are;

*Consistent and reliable year-round revenue – situated in a prominent waterfront coastal location, ensuring high foot traffic and easy access for both locals and visitors.
*Low rent with 2% fixed annual increases, which is a rarity
*Fully operational and ready for an easy transition. Everything is up to date and in place, and the equipment is in excellent condition. You don’t need to spend another cent. Great turnkey business, start trading straight away.
*Waterfront location offering indoor and covered outdoor dining options provide a relaxed and inviting atmosphere.
*Fully Licensed
*Full Commercial kitchen with grease trap, loads of storage, modern fit out with an extensive list of well-maintained equipment.

And the best part? There is still room to grow, Expand the trading hours and days, tap into online ordering, event catering, and chase functions-the potential is massive for a motivated new owner.

Whether you’re a seasoned hospitality pro or a passionate foodie dreaming of your own space, this is a rare coastal gem that ticks the boxes: lifestyle, profitability, and growth potential.

Opportunities like this don’t come around often-act now, make this place yours, and the coastal hospitality/foodie dream a reality!

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Staff No

  • The business is currently operated by three full-time staff(one of which is an apprentice) and a team of enthusiastic and engaged Casual staff.

Lease Info

  • The current lease is until December 2027, with fixed 2% annual increases.

Trading Times

  • 6 evenings Tuesday to Sunday from 5pm

Size of Premises

  • The premises are warm, and inviting, and a commanding outlook and recently updated furniture help to provide a fresh vibe for diners. The fully fitted commercial kitchen has ample space for comfortable menu preparation and plenty of fridge, freezer, and dry storage.

Opportunity

  • This business screams opportunity. The owner is not currently present in the business and would be ideally suited to a hands-on owner-operator who can make instant savings in some key areas as well as drive the revenue line. The new owner could extend and expand the trading hours and offer lunch service, source more functions, and catering opportunities. You could easily do weekend day trade as a café and then evenings for pizza & pasta. You could add a delivery service and push more takeaway. There are loads of opportunities just waiting for a new owner to take advantage of them.

Weekly Sales & Turnover

Cost of Goods​

  • $4,788

Wages

  • $4,960

Other​

  • $305

Net Profit​

  • $1,830

Turnover (inc GST)

  • $14,550

Gross Profit​

  • $8,439

Rent

  • $750
  • Reference No: TBIPB0246

Business Listed by

tim-beard-800x800

Tim Beard

Hospitality Consultant and Licensed Business Broker (NSW) @ GSE Hospitality Brokers

For my whole working career I have been involved in the retail and hospitality industry, liaising closely with all aspects from junior staff, front of house, manufacturer’s, right through to the CEO of many leading companies. My role has allowed me to work for, with, and alongside all facets of day to day business life. With the objective to achieve and reach desired outcomes and increased productivity for those I have become connected to, and had the pleasure to work with.

For over ten years I have been involved in the hospitality industry specialising with a catering equipment supplier, providing knowledge and leading infrastructure across Australia. I have developed extensive knowledge and training over this period of time dealing with a diverse range of business owners and operators. I have traveled from New Zealand, Dubai, Singapore and Venice inspecting and learning the intricate processes of leading brands of appliances to best suit cafes and restaurants for maximum productivity.

I have owned and operated my own franchise retail business for 13 years prior to hospitality. Allowing myself to draw on my own experiences of customer satisfaction and connection, excellent communication skills, financial productivity, organisation and knowledge of successfully running a small business. I have experienced closely the undertaking of buying and selling a business and have benefited greatly from the process in expanding my knowledge.

I believe that building positive relationships is paramount to achieving clients objectives and goals. I have experienced first hand the daily struggles and operations that cafe and restaurant owners face, and I am passionate and committed to bringing my many skills, extensive knowledge and worldly experience to GSE.

I have always had the work ethic to be at the top of my game, and to provide excellent advice, tuition and persistent hard work until I have achieved what I have set out to do. I believe that knowledge and experience in the field is “key”, and that it is of the utmost importance to have effective processes and strategies in place for a business to run at its most productive, now and for the future.

Personally I believe that it is never too early to have an Exit Strategy in place when owning and operating a business. Not only does this provide lateral thinking for the years to come, but gives you options and flexibility to grow and achieve bigger and brighter goals and achievements.
Call Tim on 0477 167 758

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