LINK Business Brokers Australia

About this Business for sale in Gold Coast

Established for over 20 years in same location.

This restaurant has a regular local following in the surrounding residential/commercial precinct.

Current owners for 3 years have enjoyed a healthy profitable lifestyle.

Trading 6 days per week for lunches Monday to Saturday from 11am to 2pm and 7nights for dinner from 4.30pm to 9.30pm.

Turnover well over $20,000 per week for 53 hours of total trading per week.

Good lease in place with a reasonable rental which can further be negotiated with the landlords.

Very large fully equipped kitchen with walk-in cool room and dry storage.

Seating capacity 120 people with a bar and full liquor licence.

Owners wanting to retire and want it sold ASAP.

Asking Price: $250,000 + 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/GC00702 and click on the ENQUIRE NOW button.

For full details contact Baz Sanjakdar

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*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.

Listing: #GC00702
Profit*: Refer to broker
Sales Revenue: Refer to broker
Gold Coast Region, Gold Coast
Food/Hospitality, Restaurant
*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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You may also be interested in...

Organic / Health Food Supermarket & Cafe SE Qld

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Food/Hospitality

Organic / Health Food Supermarket & Cafe SE Qld

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Food/Hospitality

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Melbourne
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