Popular Local Restaurant for Sale

Business description

RESTAURANT ONLY (freehold also available). A fantastic opportunity to buy a well establised Restaurant/Takeaway in Paradise. Situated in the rapidly growing town of Mossman, Far North Queensland, only 10 minutes drive from the popular tourist town of Port Douglas, we are surrounded by some of Australia's premier tourist attractions. The opportunities to capitalise are endless. Strong, loyal, local market with bonus tourist trade and plenty of room to expand. We offer a varied menu including restaurant meals to go, pizza, pasta, steaks and more.

Property information

Real Estate:

Lease

Lease terms:

to be arranged

Location:

Prime location on main highway. First restaurant as travellers enter town,

Other information

Expansion potential:

Become a licence premises. Extend opening hours. Market more forcefully to hotels and B & Bs. Many visitors and locals are dissatisfied with what Port Douglas has to offer and are increasingly turning to Mossman. Area is expanding - there is room to grow. Also consider home delivery.

Competition / Market:

Competition is limited. There is one other restaurant but we are more family orientated. Two pub restaurants - not in the same category. One Chinese takeaway, two fish and chip shops (only one operates in the evening and closes quite early.) Other businesses seem to concentrate on lunch trade. We operate evenings only.

Support & training:

Well trained staff are capable of running the business. However we would be more than happy to assist with takeover and development planning.

Reasons for selling:

Have had business for 4 years and already achieved financial goals of our 5 year plan. Ready for next challenge.

Trading hours:

6 nights 5 - 9

Furniture / Fixtures value:

$50,000

Contact the seller