Price
$390,000 plus stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Food/Hospitality
Listing #
12709
2014 Net Profit $210,000 – fully managed.
* Established four years in extremely popular location on the Gold Coast
* Operating under full management with loyal staff in place
* Substantial increase over current net profit for owner/operator
* Very popular destination for locals and tourists – seats over 120 people
* Prominent venue for local functions and events
* Extremely strong trading history – increasing every year
* 2014 FY sales exceeding $1m
* Undoubtedly one of the busiest establishments in the area
* 4.5 year lease with 5 + 5 + 5 year options
* Rent is only 11% of annual sales at $10k per month
* Excellent systems and procedures in place
* Fully licensed venue currently trading for breakfast and lunch only
* Fantastic opportunity for new owner to capitalise on evening trade
* This business presents extremely well. Inspection is a must!
Asking Price: $390,000 plus stock.
For full details contact Guy Cooper.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
"*" indicates required fields
