Why pay rent? You can control your own destiny in the Restaurant Business and enjoy the capital gains from the experience
June 26, 2011 (PRLEAP.COM) Business NewsWhy pay rent? You can control your own destiny in the Restaurant Business and enjoy the capital gains from the experience.
Its no secret that there has been a general slowdown restaurant patronage and food and beverage sales in many restaurants in the major capital cities throughout Australia. Landlords have generally been reluctant to be sympathetic to their tenants crying poor from reduced patronage. Pressure from the banks, threats of increases in interest rates and tightening of government policies has simply made rent reductions a difficult option for landlords.
As a result of seeing more restaurant operators under pressure to move on with some operators simply throwing back the keys to the landlord and walking out.
Fortunately, the longtime outlook for the cafe and restaurant business industry looks good.
With increased leisure time and the growth of baby boomers retiring fueled with the interest in Television cooking programs such as Masterchef, My Kitchen Rules and other celebrity chef television programs.
Owners and operators looking to control their own destiny should consider purchasing their own restaurant business property. There are great opportunities for good income returns and capital gains available in the country and major regional areas throughout New South Wales.
There are many great cash flow business opportunities to owners and operators willing to make the move to the country areas throughout NSW and Australia.
CST Properties who specialise in Australian Hospitality & Leisure Property/Business Sales have just listed a number of Freehold/businesses for sale targeted to owners and operators looking for a "sea" or "tree" change at a substantially discounted compared to similar commercial properties in Sydney.
In the New South Wales resort area of Port Stephens CST Properties have a large food and beverage/function centre for sale. The property in Salamander Bay in the NSW Mid North Coast holiday and resort area of Port Stephens (just over 2 hours from Sydney) has three restaurants, three bars and a function/conference room all within fairly recently developed 221 room resort.
For investors and operators looking to tap in to the mining boom currently happening throughout most of Australia CST Properties have an 100 seat plus restaurant freehold and business on the market in the New South Wales country town of Gunnedah around 5 1/2 hours north of the Sydney CBD. The Restaurant property is centrally located on the town's Main Street and conveniently surrounded by six motels. Gunnedah has a growing population with good infrastructure plus several local industries including the expanding mining industry and associated growing corporate clientele.
Owners and operators looking for an affordable business for sale in the beautiful NSW South Coast area should consider the Cafe/Restaurant and 6 room motel property and business for sale in the NSW South Coast idyllic family friendly town of Sussex Inlet just over 2 hours south of Sydney.
For more information on the above or other Australian Leisure Property & Business opportunities please contact Con Tastzidis at CST Properties. www.cstproperties.com
CST Properties is a Leading Australian Commercial Real Estate and Business Broker who specialises in Australian Hospitality & Leisure Property/Business Sales.
If you wish to contact CST Properties please contact Con Tastzidis on +61 2 9882 2221 or visit our web site www.cstproperties.com