Restaurant On The Water Noosa Marina established Reputation and Location

60000 wiwo

Noosaville QLD 4566

Food/Hospitality

BUSINESS FOR SALE

200m2

    • Franchise No
Phone enquiries - please quote property ID 26972.

RELOCATING ANY OFFER CONSIDERED FOR THIS LEASE TRANSFER.

Restaurant On The Water Noosa Marina
Highly rated dining experience overlooking the boats and Marina activity. 'Noosa Italian', authentically Italian, is waiting for a new owner. Solid year-round revenue. Priced for early sale.

The location is prime with water views from every table. Enclosed and heated in Winter, open and al fresco in Summer. Comprising some 180m2 the Restaurant has a dining capacity of 80 plus and up to 150 for stand-up/seated functions. Service areas include a Bar, with a separate prep area and dry store, a large commercial kitchen, a semi-open Pizza kitchen with its own facilities, a dry store/wash down room plus another dry store area with rear access. Plant and equipment being sold with the business is extensive including a traditional Woodfired or Gas fuelled feature Pizza oven.

The lease of the business premises is sound expiring 31/5/2030. Current rent inclusive of outgoings and GST is $2,053 per week. Outgoings cover waste/garbage management, toilet facilities, water and general Marina maintenance.

'Noosa Italian' has been operated by the current owner for 9 years (in different partnerships) who is now selling to take a break from the industry and spend time with his young family.

Business is fully licenced and trades 5 days from Tuesday to Saturday for lunch and dinner. Staff comprise 1 working owner/Chef, one full-time Chef, one casual Chef/FOH, two casual FOH and two casual kitchen hands. Revenue at this time of the year is $16,000 per week increasing substantially in the Summer/Holiday season when hours are extended to include Sunday and one or two additional Staff are also required.

Great opportunity for investors or owner-operators to acquire this business at a very attractive asking price with so much more that can be done to increase revenue. e.g. Open seven days, breakfast/brunch trade, functions -particularly Weddings, and marketing in conjunction with Marina tourist operators.

Bring your experience and energy to 'Noosa Marina' on the wonderful Sunshine Coast.

www.noosaitalianrestaurant.com.au


Listed price $60,000 plus Stock estimated at $12,000 (Negotiable)

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