Awarded Restaurant with Great Returns

Phone enquiries - please quote property ID 24842.

Nestled in the heart of Lismore, this stylish restaurant is now on the market. This once hidden laneway venue is now the talk of the town and well regarded by locals, and those seeking culinary experiences across the region.

The Loft offers amazing returns to the new owner operator, with multiple opportunities for expansion to further grow revenue and profits. All the hard work has been done and over the last 4 years the business has strengthened repute, now second to none. This has been a combination of quality service, quality food and sensational premises.

The Loft is currently returning "six-figure profits" to the non-working owners who are ready to embark on their next venture. A strong reputation has been created with the awarding of multiple industry awards including; 2018 Regional Master Builders Small Restaurant Fit-Out, 2019 Australian Good Food Guide Chef Hat (12points), 2020 Australian Good Food Guide Chef Hat (13points), 2021 Australian Good Food Guide Chef Hat (13points)

Key points:

• Trading only 4 dinners service per week, 48 weeks per year
• Modern and stylish fit-out
• Full POS system
• Online bookings and voucher sales
• Excellent reviews and ratings
• Abundant stock of quality tableware and barware
• Licensed to sell alcohol without the consumption of food (PSA) (transferable)
• Licensed to sell alcohol off-site at events (Catering & Weddings) (transferable)
• Seating capacity; upstairs 36, downstairs 16, outside 16
• Special Event Council Zoning for private laneway events
• Low rent under $20K per year, water and waste included
• Runs currently with 3 full-time plus 4 casual staff
• Currently operates under management

Selling price negotiated with the owner, minus Negotiated Pre-Sold Voucher Value, plus stock.

There are still many opportunities for this business to increase revenue and profits with off-site catering, regular laneway events, or just extend the trading hours beyond the four existing nights of trade (with popular demand to do so).

The Loft is a great opportunity for a skilled hospitality professional wanting to make their mark in the industry, providing a lucrative work/life balance for a dedicated owner operator. Lifestyle in the Northern Rivers Region is excellent. Just 30 minutes to the beach and 40 minutes to Byron Bay.

Further information available. Enquire today.

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