95 Charlotte Street

Cooktown QLD 4895

Business For Sale - Licensed Restaurant & Takeaway
Leasehold thriving business in Cooktown's main street - The Italian Restaurant & Takeaway. Current owner has been there for 8 years and wants out. He operates as a lifestyle business, opening 5 nights a week and closing for 6 weeks holiday every year. A new operator could readily increase income by opening 6 or 7 days, opening for lunches and/or breakfasts, or possibly catering for functions, bus tours, etc. As you would expect, all the necessary cooking equipment is in place, and is included in the sale. While the name is The Italian Restaurant, a full dining menu is offered: Pizza, Pasta, Seafood, Risotto, Chicken & Steaks. An initiative introduced by the owner several years ago has proven to be successful. This is a Supplementary Menu which changes each year - this year is Asian, last year was Chinese, previous year Thai. Takeaway sales are very profitable, comprising about 70% of sales, with a delivery service offered in the local area. The 50-seat Fully Licensed & BYO Restaurant offers comfortable laidback dining in surprisingly-tropical surrounds. Widely acknowledged, and rated on Trip Advisor as Best Restaurant in North Queensland. Cooktown has recently been named as Queensland's Tidiest Town ; Tourists continue to flock here in ever-increasing numbers ; Cook Shire Council is actively encouraging development in the town ; Any business purchased now and properly-managed should thrive as the town continues to prosper. Price is $160,000 + SAV. If interested, call Cooktown Agent Dan Kerridge 0438 982 577 for an inspection, and to discuss purchase options for this business.