Iconic Waterfront Venue…
in Bustling Williamstown!
One of Victoria’s oldest areas hosts an iconic waterfront restaurant business for sale; Williamstown is a picturesque western suburb of Melbourne with a fascinating, and sometimes gruesome, history. Tourists flock to it, the local’s love it and the rest of Melbourne wish they could live there!
Located in the heart of this tourism precinct is Sam’s Boatshed Restaurant & Bar (now a business for sale), just a stone’s throw from the water, where pelicans and yachts glide serenely along, and a few steps from the Nelson Place restaurant strip, Sam’s Boatshed Restaurant & Bar business for sale is an icon in the true sense of the word.
Established in 1995 in a building that dates back to the 1870’s, this business for sale oozes whispered tales of nautical adventures and rousing sea shanties. To complement the nautical theme of this business for sale, the central feature of the restaurant is the hull of the historic trading vessel the “Atlanta” which sailed in the 1890’s before being sunk off the north coast of Tasmania. Retrieved, restored and placed where she could be admired by diners, the “Atlanta” is just one of the many reasons why people keep coming back to Sam’s Boatshed Restaurant & Bar.
Serving modern Australian cuisine with an emphasis on seafood and tapas, complimented by local and imported beers, sparkling wines, spirits and cocktails, Sam’s Boatshed Restaurant & Bar has a strong customer base, both in person and across a range of social media platforms.
Boasting excellent views of the Melbourne skyline, a huge bluestone wood fired oven, high foot traffic all year round, a seating capacity of 90 people inside with an additional 60 people outside, it’s easy to see why Sam’s Boatshed Restaurant & Bar would be an attractive proposition for new owners.
The average turnover is approximately $22,000 per week, which increases to $55,000 to $60,000 per week during the peak holiday season in December. The property has a reasonable rental with the current term of 5 years having commenced in February 2011 and two further terms of five years available. Currently operating 7 days per week for lunch and dinner, there is an opportunity to introduce a breakfast service.
Historic Williamstown location with excellent views overlooking Port Phillip Bay
Unique bluestone wood fired oven
Operating 7 days a week for lunch and dinner
Approximate average turnover of $22,000 per week, increasing to $60,000 during peak holiday season
Seating for 90 people inside and 60 outside
Opportunities for private functions
A reasonable rental with option for two further terms of five years
Strong customer base
Large social media following
With the current owners (after 12 years) planning for a change, Sam’s Boatshed Restaurant & Bar would suit an old sea dog ready to leave the high seas, right through to a young entrepreneurial crew member wanting to take on a well-known, highly successful business.