22 September 2019

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property ID:4226896     property type:Food/Hospitality

Award Winning Restaurant for Sale in Kalbarri WA

Rare Opportunity – Unique Lifestyle Location and Tourist Hotspot
"Upstairs Restaurant" is a classy fully licensed restaurant operating just 5 dinner services a week in the holiday town of Kalbarri. Being ranked #1 on travel advisory websites it was awarded the “Best International Restaurant” for the Midwest in 2019 by the Australian Good Food Guide!
The restaurant is well known and highly recommended by locals and tourists. It has a significant return customer base. Internally, there has been extensive investment in new plant, equipment and décor. Over the past two years the business has undergone continuous rejuvenation and improvement.
The business has strong established supporting systems and processes such as trustworthy local suppliers; Abacus and Tyro point of sale system; business website; AdWords campaign; and, operational procedures. There is little to no additional setup needing to be done.
Kalbarri is a beautiful town known for stunning beaches, gorges, and its national park. It is an ideal place to raise children and live a comfortable lifestyle. The town is currently attracting significant investment by local and state government, and entrepreneurs. This is the perfect time to enjoy tourism growth.
This business would be ideal to a hospitality orientated couple where one is a cook or chef.
Important information:
• Award winning and #1 ranked in town
• ROI in 1-2 years
• Service utilisation of 24% (currently dinner only but can add breakfast and lunch)
• Assets worth of over $100,000
• Lease is 5+5 years with good rental cost
• Area is 230m2
• Low staffing requirements
• Strong business data available

ASKING $99,000 PSAV ( Est. $8,000)

Don't hesitate to contact me Greg Hunter Mobile 0414597327

Contact Agent

Greg Hunter



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