Price
$100,000 ONO
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Food/Hospitality, Restaurant
Listing #
GC00981
If you are looking to start up a new hospitality business look no further – this venue is for you,
Luxurious fit-out with over $1m spent to complete this venue, only 3 years ago.
Huge bar and fully equipped kitchen that could cater to any cuisine.
Exquisite decor with table seating and booths for up to 100 people indoor and outdoor undercover dinning areas.
This venue was built on 2 premises, total area of over 200m2. An inspection will impress any hospitality operator.
Long lease to Jan 2028 plus 2 x 5 years options and cheap rental of $9,166 pm including GST.
Currently run as owner operator- fine dinning venue with head chef and front of house staffing.
Trading only minimal hours – Tuesday to Thursday dinners only 5pm to 9pm and Friday to Sunday 12 noon to 10 pm.
Ideally suited to a hospitality operator to extend trading hours and encourage more bar sales as a tavern style operation with a tapas menu offering.
Current owner is very motivated to sell at well below equipment cost only.
All offers will be considered for a quick sale, as owner wants out ASAP due to family issues.
For full details contact Baz Sanjakdar.
Ref: GC00981
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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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