Listing ID: 1320
First established in 2002, this iconic leasehold restaurant was relaunched in 2014 and has experienced year-on-year growth since.
The only venue in the busy tourist town of Mudgee offering on-street dining with alcohol service, Eltons represents an excellent opportunity for a buyer keen to get into the restaurant business.
-Large capacity restaurant offering a unique and quality dining experience
-Excellent main street location
-Growing client base of locals and tourists, spanning all demographics over the age of 25
-Capacity for 160 diners - 4 distinct dining areas, inside and out
-Large function space with its own bar
-Professional fit-out with nothing left out
-6 tap glycol beer system
-Heritage building with bags of charm
-Lease includes major kitchen equipment and maintenance, reducing maintenance costs to the new owner.
-Experienced team of staff, including management
- On-premises licence with Primary Service Authority, allowing for drinks service without the need to serve food.
-New lease and terms available
-Experience in hospitality not necessary but would be an advantage
-Current owners happy to act as consultants to new owners for up to one month
This thriving enterprise is currently run by one owner working 40-45 hours per week, backed by an experienced team of staff.
Eltons opens 5 days a week at the moment (closed Monday and Tuesday) but a new owner could increase profits by extending opening hours to include breakfast.
Mudgee is a thriving regional centre and wine producing area that benefits from a constant influx of tourists. There are also several working mines in the area.
The current owners are keen to move on to other business opportunities outside Mudgee, so make your move today.
Price: $400,000 + SAV
Mudgee, New South Wales 2850