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Premier Leasehold Restaurant With Growth Potential

Listing Id : 272330

Location : New South Wales - BATHURST

Category : Restaurant, Retail, Food

Asking Price : 175,000

Business description

Business ID: CTOC1678 ‘Best Restaurant in Bathurst’ - Turnover: $545,000-$594,000 This standout business opportunity in Bathurst is regarded as the best restaurant in town. Cobblestone Lane Restaurant is housed in a stunning heritage-listed building overlooking the park and would benefit from exploiting the growing Sunday brunch market. Business highlights: -Established for 13 years -Cater for the higher-end market for lunch and dinner -Recently started outside catering for functions held at the BMEC Centre - a new income stream that will continue to grow -Turnover: 2018/19 - $545,000; 2017/18 - $594,000 -Prime position on George Street, overlooking Machattie Park and the Court House -The leased premises are in one of the oldest buildings in Bathurst, circa 1863 -Beautiful dining room with an uncovered well in the centre -Sale includes all fixtures and fittings -6 years and 7 months remaining on the lease -Hours are currently Monday to Saturday, noon to 2pm and 6pm to 9pm -Strong Sunday breakfast/brunch culture in Bathurst which a new owner may wish to explore -RSA and food safety certificate required -Training negotiable Cobblestone Lane Restaurant is considered by many to be the best restaurant in Bathurst, offering exceptional food and service. The restaurant currently has two full-time chefs and one full-time kitchen hand. It would be ideal if the buyer was a chef. Price: $175,000 excluding stock (estimated at $5,000)

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