Link Business

Iconic Pizza & Pasta Restaurant / 6 Nights Per Week

$320,000 + SAV Gold CoastListing: #GC00093

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$320,000 + SAV


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Refer to Broker


Gold Coast businesses for sale 

Queensland

Food/Hospitality businesses for sale
Restaurant businesses for sale, Gold Coast


About this business for sale

Iconic Pizza & Pasta Restaurant / 6 Nights Per Week

2018 Net Profit $168,000

* Fully licensed Pizzeria and Pasta Bar with very busy takeaway section
* Consistent sales of $20k - $25k per week
* Extremely well established and situated in prime location at northern end of the Gold Coast. High concentration of residential homes in surrounding area
* Popular dining destination for local families – this business does not rely on tourist trade
* Seats 100+ patrons and is booked solidly throughout the week and at maximum capacity on weekends
* Trades 6 nights per week from 5:00pm to 9:30pm
* Huge opportunity to increase sales with longer trading hours and delivery service
* Excellent lease with 10 years remaining. Rent is under $1000 per week
* Would suit owner/operator looking to work 35 - 40 hours per week
* Loyal and longstanding staff in place
* Quality fittings with first-class equipment
* Excellent systems and procedures in place
* Owner is negotiable on price

Asking price: $320,000 + SAV ($8k approx.)

A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00093 and click on the ENQUIRE NOW button

For full details contact Myron Plumb

Gold Coast
myron.plumb@linkbusiness.com.au
+61 7 5572 2122
+61 415 303 370

Myron Plumb

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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.