Price
$320,000 plus stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Queensland, Gold Coast Region
Category
Food/Hospitality
Listing #
13696
Established over 20 years in busy business district, servicing office workers, current owner 4 years.
Trading Mon – Fri 7am – 3pm, closed public holidays and 2 weeks over Xmas.
Semi-managed operation, with 5 staff members in place. 1 owner working 35-40 hours per week.
Turnover over $14,000 per week, with a net profit of approx. $160,000pa.
Fully equipped kitchen, recently renovated with a huge alfresco undercover dining area.
Very cheap rent $3,000 per month with a 10 year long lease.
Huge growth potential, as the surrounding office blocks are newly leased with approx. 500 people being relocated to the area.
Capitalise on this opportunity to buy now and reap the benefits of an increase in turnover and profit.
Inspection will impress as astute hospitality operator.
Asking Price: $320,000 plus stock.
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.
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