Price
$1,000,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Food/Hospitality, Cafe/Coffee Shop
Listing #
GC00626
* Well established venue with repeat clientele
* No expense spared on fit-out and setup over $1,000,000 spent
* Hugh commercial kitchen to cater for seating capacity of over 250 people
* Larger outdoor undercover beach front dining area with a well-placed functional bar and private/casual bar room
* Bar manager, head chef and other competent staff in place to handle operation on a daily basis
* Trading 5 days per week from 4 pm till midnight
* Average Turnover $37,000 per week with a healthy net return after all expenses
* Long lease in place with 9 years of options with reasonable rental for 350sqm
* Current owners have another business and the owners have decided to sell
* Priced well below replacement cost of fit-out
Asking Price: $1,000,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00626 and click on the ENQUIRE NOW button.
For full details contact Baz Sanjakdar
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.
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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.
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