Under Contract! Iconic Seafood Cafe/Restaurant Situated on the Beachfront in Tourist Location

Under Management Profits ROI $166,244 FY 2021

This is an iconic beachside eatery providing dining experiences ranging from early morning coffees while walking on the beach, to relaxing on the open-air deck with their famous fish and chips, to smart restaurant dining featuring the best local South Australian based produce.

It is a unique venue able to provide a variety of dining experiences from within the one establishment, as well as a fantastic venue for a wedding, birthday party, function or conference.

It has developed a cult following amongst both locals and visitors to this popular holiday area. They have a strong focus on South Australian, and indeed local, produce with both their menu and wine list.

  • SA’s Premier Tourist Location
  • Absolute Beachfront Position
  • Impressive updated facility
  • Established over 20 years (2 Vendors)
  • New 10 year Lease in place
  • Under Management
  • Reliable long-term staff
  • Popular with Locals, Tourists and Holiday Makers

Approval of the Transfer of Liquor Licence would need to occur.

The business has been operating successfully for the past eight years running under management by the current Vendors who have had key long term staff in place, this would enable it to continue in the same vein. It would also be attractive to a hands-on operator or “Foodie Couple” wishing to put their stamp on this highly successful unique seaside operation.

Asking Price: $495,000 + SAV estimated at $40,000

Agents Details

Steve Foreman

(08) 8334 0600

0418 778 800

 

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