Price
$360,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Food/Hospitality, Restaurant
Listing #
GC00467
After 12 years of successful operation by same owners, this unique Italian restaurant has become a very popular destination among locals.
Trading 7 days from 5pm to 10pm and weekends only from 7am to 11am for breakfast.
Family run operation catering to local residential clientele.
Strong consistent trading history showing an average net of over $220,000 pa to an owner/operator.
Current owners are now seeking retirement and will consider vendor terms to the right operator to take over and continue the success.
Very long lease, current term till 2021 with a further 2×5 year options, and reasonable rental.
Fully equipped kitchen and bar to handle over 100 covers daily.
Total seating capacity approx. 120 people with a Hugh outdoor fully enclosed undercover dining area.
Great location with plenty of car parking.
An inspection will impress any hospitality operator.
Avoid disappointment and call me now to arrange an inspection.
Asking Price: $360,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00467 and click on the ENQUIRE NOW button.
For full details contact Baz Sanjakdar
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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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