STUNNING WATERFRONT RESTAURANT - Tasmania

STUNNING WATERFRONT RESTAURANT - Tasmania

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Location Details :

Country

Australia

State

Tasmania

City

Ulverstone


Industry :
Food/Hospitality - Restaurant ; Leisure/Entertainment - Bars/Nightclubs ; Industrial/Manufacturing - Food/Beverage ;

Financial Details :

Revenue

--

EBITDA

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EBITDA multiplier

-x

About the business

Owners Have Priced To Sell - $220,000 + SAV

Pedro's Restaurant is a well known Northern Tasmanian quality dining experience. It is the only licensed restaurant in Northern Tasmania directly located on the water. Pedros is an integral part of the vibrant Ulverstone wharf precinct which now includes a waterfront craft brewery.

Catering for seafood connoisseurs and meat lovers alike including an extensive wine list and licensed bar.

Established and developed by the current owners in 1996 who saw an opportunity for a stunning riverfront restaurant on Ulverstone's Leven River. Currently open 5 days a week, with opportunity to increase to 7 days with all day dining.

It is the first time the business has been offered for sale. Owners must sell & ready to retire after 25 years in business.

* Consistent sales & repeat patronage
* Sales Revenue approaching $1M
* Average weekly profit $3,500 last 2 years
* Open 5 days per week; 6 days in high season
* Well trained staff enable owners to work part time
* No competing high end seafood restaurant within 100km
* Inside and outside deck options
* 5 year lease plus 4 x 5 year options
* Affordable rental

All Enquiries treated in the strictest of confidence.
Click the email box and fill in your details, call 0448 887 398 or email chris.mitchell@finnbusinesssales.com.au to obtain a confidentiality agreement and an in-depth information memorandum for this fantastic opportunity.

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