Reference: benchmark_74_922

St Elmo Dining Room and Bar is For Sale

Byron Bay NSW
$590,000 + SAV
This well-established restaurant and bar for sale has broad market appeal. It was one of the early adopters of the platter-sharing concept which continues to attract diners.

Mainly run under management, this business will require minimal owner involvement.

Looking to leave the big city?...

Byron Bay has long been popular as a sea change destination. Now, after the effects of Covid-19, this appeal is greater than ever. Theres no better time to leave the confines of the city and relocate to the beach. From the proceeds of sale of your capital city property youll be able to afford a new home and business.

One that doesnt require your full attention. Just like this restaurant and bar for sale.

Theres already a general manager. And fully-documented systems are in place. So youll be free to take those carefree beach walks, go surfing, swimming or just kick back in the sun.

Meantime, this popular restaurant will be producing a very generous return on your investment.

Just look at its features:

- Right in the heart of the dining and retail hub of Byron Bay

- In its tenth year with a great reputation, making it a local icon

- Open for dinner only

- The only venue in town offering a tapas menu

- A full brigade of talented chefs and wait staff, and

- Located in one of Australias most sought-after destinations.

- The secure lease includes 25 basement car spaces. Some of these could be sublet to provide an additional and highly profitable income stream.

If youre seeking a sea change and an income-producing investment, you must look at this. Further details are available under confidentiality. So get in touch with the exclusive broker and hell be delighted to tell you more about this iconic restaurant and bar.

FOR SALE: $590,000 + SAV

For further information on this opportunity, please contact:

Mick Godwin
Business Broker
Benchmark Business Sales and Valuations
M: 0416 638 154 T: 1300 366 521 E: mickgodwin@benchmarkbusiness.com.au

If you'd like to know more about the business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-4954

or go to our Website www.benchmarkbusiness.com.au and use the reference #4954 to search for the business.



Benchmark Business Sales and Valuations

Please ensure you have the necessary capital or equity before expressing an interest in this business.

You are advised to conduct your own due diligence.

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Food and Hospitality, Restaurant, Bar

Property Code: 4954
Status
Sold
ROI
n/a
Annual Revenue
Listing Price
$590,000 + SAV
Location
Byron Bay NSW
Industry
n/a
Earning Type
Years Trading
Stock Level
Reference Number
benchmark_74_922
Mick Godwin
Business Broker