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Refer to Broker
This famous Gold Coast institution has been operating for over 30 years and keeps on growing from strength to strength.
It’s not just those astounding results that make this one special. The location, the vibe, the fit out, the reputation. All just right up there.
This is an 85% managed business with some seriously talented staff in place. There is a long legacy of success here and whether you are a seasoned hospitality experience or are just after a completely hands-off investment, this one demands your attention.
BUSINESS HIGHLIGHTS
* Annual sales of over $6m
* EBITDA in excess of $955,000
* Cash flow PLUS
* Mostly managed with senior staff in key roles
* A stupendously good location
* Not reliant on tourist trade
* Growth potential (yes, and very real!)
Only serious buyers considered to apply for the purchase of this business.
A Confidentiality Agreement must be completed before further information will be disclosed. To complete an online confidentiality agreement, go to https://linkbusiness.com.au/GC00278 and click on the ENQUIRE NOW button. For full details contact Sonia van der Merwe
REF: GC00278
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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