Price
$175,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Restaurant, Food Services and Drinking Places
Listing #
GC01005
PRICE REDUCED for a quick sale
Upmarket restaurant in an exclusive residential and commercial area with local repeat clientele.
Run under full management with all full staffing in place.
Owner has another restaurant operating and doesn't work in this restaurant at all.
Fully licensed with seating capacity up to 90 people.
Fully equipped kitchen and restaurant with Bar and a large undercover outdoor dining area.
A good long lease is available with cheap rent.
Trading only 5 days per week –
Wed, Thurs and Fri nights only from 5pm to 9pm.
Sat lunch 12 -3pm and dinner from 5 – 9pm.
Sun lunch only 12 – 3pm.
A separate takeaway section out front with pizza oven and service area.
Showing a net profit of over $110,000 pa under full management.
Owner-operator will save on staff wages if you manage the business yourself.
Priced to sell quickly as the owner is very motivated to sell.
If you are seeking a well-presented, operational restaurant this is the one you've been waiting for.
Avoid disappointment, enquire now to get the full information memorandum.
This business will be sold – call Baz Sanjakdar to arrange an inspection.
Ref: GC01005
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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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