Price
$175,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Food/Hospitality, Bars/Nightclubs
Listing #
GC01041
Price Reduced for Quick Sale
Are you looking for a Hospitality outlet, but do not want to outlay huge costs of fit out or pay goodwill?
Opportunity knocks for a hospitality operator to take on this magnificent venue.
Over $1mil spent on a brand-new fit-out originally with a recent sports theme upgrade.
Well thought out floor plan with beautiful decor and lavishing finishes throughout.
Currently trading 5 days pw for lunch & Dinner, with an easy tapas menu and full bar service till midnight.
Hugh potential for a hospitality operator / marketer to promote this venue with trade promotions.
Fully equipped kitchen to cater to any cuisine, with a full liquor license 7 days a week.
Ideal venue for hosting functions, sporting events, business lunches, and group bookings.
Great long lease in place, currently run under full management.
Located in a commercial precinct with over 5,000 residential units in surrounding area and facing the tram rail link.
Serious illness forces the owner to sell at well below replacement costs.
All reasonable offers will be submitted, the owner is very motivated to find a hospitality operator to take over.
Inspection will impress any acute hospitality operator in the industry.
Call me Baz Sanjakdar for full details and to arrange an inspection.
Ref: GC01041
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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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