Exceptional Cafe/Restaurant at Merimbula Under Management. Profits to Owner $425,000 PA

Bs141552,Merimbula NSW 2548

$1,157,000

BusinessSize: n/a
Business ID: BS141552

Ideal For Owner Operator. Consistent Turnover and Excellent Reputation - Sale Price of $1,157,000 + Stock


Great opportunity for a Sea Change with a long time Established Business in a Prime Location that has everything going for it, GREAT PROFITS, GREAT LOCATION, GREAT STAFF , GREAT FOOD, ABOVE AVERAGE COFFEE SALES with an EXCEPTIONAL REPUTATION.

A multiple award-winning Licensed Cafe with spectacular views on the far south coast of NSW, the idyllic seaside resort of Merimbula is very popular to Melbourne, Sydney and Canberra residents. Known as the Sapphire Coast - a destination that will offer the new owner of this CAFE/RESTAURANT both lifestyle and a secure income with even more growth potential by introducing a romantic evening dining experience with the perfect lakeside setting.


This casual lakeside dining venue allows diners to take full advantage of the stunning views for breakfast and lunch trade only at the moment. A great opportunity to re-open in the evenings and increase the income as the owners used to do.

The owners pride themselves on a high standard of service and food and offer a wide choice of modern Australian cuisine with an emphasis on fresh local produce. This licensed cafe/restaurant is always a hive of activity as it is supported all year round by the locals and tourists alike. Its popularity is second to none in the region as well, demonstrated by its consistent turnover, repeat local customers and high volume of coffee sales.

-Superb location in the centre of town
-Excellent reputation and online reviews
-Exceptional reliable long-term staff
-Fully automated point of sale system
-Delightful waterfront views
-Popular with locals and tourists
-Options to expand service hours
-High volume of coffee sales

Adequate training will be provided to ensure a smooth transition to the new owners.

This business is ideal for either an owner operator or for an investor who wants to add their touch of class to the business and live in an idyllic part of the world.

Asking Price: $1,157,000 + Stock at valuation of approx. $35,000

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$48,937

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What's Nearby

Merimbula Public SchoolPrimary School
1.9km
Eden Marine High SchoolHigh School
18.1km
Merimbula Fresh Food MarketMajor Shopping Centre
0.9km
Sapphire Coast Anglican CollegeCollege
4.7km
Post OfficePost Office
1.2km

Merimbula Suburb Information

 
 
Average Age
52 years
Population
3,277
Merimbula Profile
Merimbula Occupancy

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This listing has been viewed 52 times. It was first displayed on 03/09/19 and last updated on 07/10/19.