Price Slashed – Upmarket Tapas Bar & Restaurant (Fully Managed)

Price

$200,000 + SAV

Profit *

Refer to Broker

Sales Revenue

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Location

Gold Coast Region, Gold Coast

Category

Food/Hospitality, Restaurant

Listing #

GC00625

Gold Coast Restaurant Business for Sale
Gold Coast Restaurant Business for Sale

About this Business for sale in Gold Coast Region, Gold Coast

CONTRACT COLLAPSED – OWNER SEEKS URGENT SALE NOW

If you’re looking for a high-performing, fully managed hospitality venue in a blue-chip location, this is the one.

Situated in a luxury shopping centre with steady year-round foot traffic, this modern tapas bar/restaurant delivers an elevated Australian dining experience with beer, wine and cocktails—trading lunch through late, 7 days.

Highlights:

  • Prime luxury-centre location attracting affluent, repeat clientele
  • Upscale tapas/bar concept with premium pricing potential
  • Fully under management: venue manager, head chef + ~12 staff (turn-key)
  • Strong FY22/23 results: turnover $1.8m+ (≈55% food / 45% beverage)
  • Approx. $350,000 net profit (FY22/23)
  • Solid lease over ~175 sqm plus ~25 sqm adjacent outdoor dining area
  • Consistent year-round trade; inspection will impress
  • Contract collapsed – vendor reinvesting in a new venture, motivated to sell quickly

Call to action:
Avoid disappointment and enquire now to receive the full information memorandum and arrange a confidential inspection.

Price: $200,000 ono + SAV

Contact:
Baz Sanjakdar – 0412 488 008
REF: GC00625

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.

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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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