Seaside Restaurant and Bar For Sale – Kioloa, NSW

Bs143204,Kioloa NSW 2539

$65,000

BusinessSize: n/a
Business ID: BS143204

Turnover: $325,000 – No competition – Urgent Sale

Merry Street Restaurant and Bar is a firm favourite with locals and visitors alike and has been established for 15 years. With no competition within 25 minutes in both directions, and growing demand, there’s huge potential to further grow this business.

Business highlights

-Impeccably presented restaurant in popular holiday town
-Seats 55 inside with an alfresco dining option
-Strong base of local and regular customers
-Provides restaurant and bar service, takeaway and catering service at the ANU Kioloa campus
-All kitchen, restaurant and catering equipment included, plus many extras such as an electric awning over the deck and walk-in cool room
-Liquor license for 65 persons, 30 of those able to drink without food
-Liquor license is transferable
-Total area of restaurant and deck is 126m2
-Large kitchen and preparation area
-Current lease is 3 x 3 years renewable
-Opens 7 days a week for lunch and dinner during holiday times
-Regular hours are Thursday to Sunday for lunch and Thursday to Saturday for dinner
-RSA required to serve alcohol. Hospitality experience essential.

Merry Street Restaurant and Bar has built a good reputation over the years with the locals and returning tourists and is well-known in the area. There are two caravan/camping grounds within easy walking distance and another two less than five minutes’ drive away.

Kioloa is a growing area with a new subdivision soon-to-be-released just metres away, ensuring an increase in business. The town is also home to Australia’s newest world-class equestrian centre, Willinga Park.

Situated just south of Ulladulla, the town is surrounded by pristine beaches, natural bushland and abundant wildlife.

Easily run by two staff in the off season, this excellent package would suit a couple looking for a sea-change. There is plenty of potential to expand the catering service and grow the business.

Price: $65,000 + stock negotiable

Inspections

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

Key Details

Property Type:Business
Stamp Duty:$1,028

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Kioloa Suburb Information

 
 
Average Age
54 years
Population
592
Kioloa Profile
Kioloa Occupancy

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This listing has been viewed 4 times. It was first displayed on 02/10/19 and last updated on 02/10/19.