Famous Gold Coast Venue Est. 30 Years
About this business for saleFamous Gold Coast Venue Est. 30 Years
Priced to sell, this famous Gold Coast institution has been operating for over 30 years and keeps on growing.
The owners of this pub, restaurant and night time entertainment venue have given instructions to sell due to pending retirement. An enviable fit out that cost $3 million is only 2 years old. Featured regularly in the media, this is an opportunity not to miss.
The business is currently doing $100,000 per week in sales and has a 20-year lease in place. Huge venue with room to improve, this venue would be very well suited to gaming as there is ample space to have up to 45 machines.
Asking price: $2,495,000 plus Stock
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00278 and click on the ENQUIRE NOW button.
For full details contact Sonia Van Der Merwe
+61 7 5572 2122
+61 428 947 000
*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.