Nelson Bay

$400K Net p.a. opportunity of a lifetime

We recently sold this business to a new owner, who confirms it is performing better than we stated in the original information memorandum. The new owner however has had his family become a very high priority and whilst the money being generated is fantastic, he needs to be closer to his home each day. He has advised he is currently working around 40-50 hours per week to make $400K net p.a. This Large licenced Cafe/ restaurant is in a fantastic location with high foot traffic and only metres from the water. Absolutely packed with patrons every weekend and all holidays with strong trade during the week. This Business has well proven systems and procedures, fully prepared fresh seasonal menus, a highly successful and loyal staff and currently the owner is working very modest hours for an extremely good return. It has large seating capacity, fantastic numbers, and is highly profitable! This is the opportunity of a lifetime.