Industry:  Food and Hospitality  
Business Address: 4561 Bucketts Way, Gloucester, Sydney, NSW, 2422, Australia

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AD ID: B130300029
Asking Price: AUD$150,000
Rent: AUD$200/week
Detail business type: Restaurant / Bistro / Function Venue 
Business Ph:  
After hours ph:  
Contact Details
Name: Mr. Matthew Koster
Advertising Nature: Private Seller 
Company Name: Fairways Restaurant 
Phone: 0423 918 249 
Mobile: 0423 918 249 
Fax:  
Email: matt-koster@hotmail.com 
Website:  
Suburb/State: Gloucester / NSW 
Postal Code: 2422 
Country: Australia 
Comments: Features
WELL ESTABLISHED RESTAURANT/BISTRO/FUNCTION VENUE IN NSW FOR SALE

Restaurant, Bistro and function venue for sale

Business name: Fairways restaurant

Address: 4561 bucketts way Gloucester nsw 2422

Business turnover: $459,883.43
Adjusted net profit: $160,090.00 inclusive of add backs: for an owner manager

Currently only trades for dinner seven nights plus opens for booked functions. Opportunity to trade for lunch on weekends could greatly increase takings.

Rent is only $200 a week and business is located within a Country club with golf course and motel on site. Both of which bring in good business.

Current staffing arrangements:
1 x Permanent part time front of house
9 x Casual wait staff/kitchen hands
1 x First year apprentice chef
1 x Permanent part time chef
1 x Full time head chef/manager
All staff want to stay on

There is a 50 seat restaurant, 240 seat bistro and 80 seat function room. Many functions, weddings, corporate events and bus tour groups
Located in country town 50min drive from Forster and Taree or 3 hours north of Sydney. A great tree change, a great place to raise a family and a great place to save money and enjoy a good work/life balance. The town offers very low living costs and next to no travel time to and from work. Business currently under full management owner lives interstate.

Asking price: $150,000

Matt 0423 918 249 or Matt-koster@hotmail.com

*** New three bedroom house 2012 built also available with free rent for the first six months.
  • Good Turnover
  • Huge Potential
  • WIWO
  • Low Rent