'ON THE INLET' - WORLD CLASS SEAFOOD RESTAURANT AT A MODEST PRICE

$299,000

7/18-20 Wharf St

Port Douglas QLD 4877

Food/Hospitality

BUSINESS FOR SALE

Phone enquiries - please quote property ID 24844

ON THE INLET SEAFOOD RESTAURANT - 'ARGUABLY THE FAR NORTH'S & PORT DOUGLAS MOST ICONIC SEAFOOD RESTAURANT' IS FIRST TIME ON THE MARKET.

This is an extraordinary opportunity to purchase this iconic restaurant at a modest asking price as owners are nearing retirement. Take advantage of a world-renowned licenced restaurant now for sale after 20 years.

Exceptional takings exceeding $4m p.a. is what the restaurant is used to prior to COVID, so imagine what you can do when we all come out the other side.

* Prime location within main tourist hub - Wharf Street known as ‘Eat Street’ with massive foot traffic.
* Fully Licensed
* Seats 130 (approximately inside and out)
* Comfortable and air-conditioned premises
* Quality premises
* Long term Lease - 17 year lease remaining in a (5x5x5x5)

QUALITY FIT-OUT & DECOR
With a fit-out only 3 years old you can be assured of purchasing without having to spend any more money. Fit-out and furniture alone would exceed the modest asking price. (Full list can be provided). Good quality commercial kitchen and chattels in the bar and kitchen.

Ideal for an owner operator or as a family business. High demand for quality restaurants will always be here in Port Douglas, one of the largest tourist hot spots in Australia.

This business is top quality and can be considered by experienced restaurateurs or investors who can run under management.

Selling on a walk in walk out basis as a genuine going concern. Enquire today.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

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