Mediterranean Palmer Street Restaurant

This popular Mediterranean restaurant is ideally positioned on Palmer Street – one of North Queensland’s premier restaurant and entertaining strips. It has been established for over 8 years and owned by the current vendor since 2013.

The 199m2 restaurant is beautifully fitted out with quality furnishings and caters for a total of 92 diners:

• Inside the airconditioned restaurant
• Outside in the alfresco side courtyard
• Out the front on the footpath

Functions such as weddings and birthday parties up to 40 diners are also regularly held.

The vendor works full time in the business undertaking waitress and administrative duties and is assisted by:

• Her husband as head chef (full time)
• 2 first year apprentice chefs (full time)

In October 2015, the restaurant commenced trading for breakfast. Trading hours are now:

• Monday to Saturday: 7am-11am and 6pm – 12pm
• Sunday: 7am – 11am

Many areas of competitive edge exist including:

• Well established restaurant
• Quality fitout and furnishings
• Great reputation
• Perfect location on Palmer Street
• Car parking in front of restaurant and behind
• A choice in dining locations – airconditioned inside and alfresco outside
• Good profitability
• Attractive lease terms

This restaurant is being sold for $150,000 plus stock at valuation.

To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

• Margaret Butler – 0419 664 349 or margaret@beyond2000.com.au
• Susan Butler – 0419 905 463 or susan@beyond2000.com.au