A Sought After Location Under Full Management

Business For Sale Main Beach, Queensland 4217

Business Category Cafe and Coffee Shop Restaurant Takeaway Food

$420,000 + SAV

Description

A Sought After Location Under Full Management

On a prized location, in bustling Main Beach, this restaurant is a popular local dining destination consistently exceeding $21,000 per week.

A long-standing dedicated management team, a simple formula, and cheap rent, make this an extremely attractive proposition for those looking to invest in a restaurant that runs itself.

Recently refurbished to modernise the interior dining room, and capitalise on the delightful outdoor dining space, theres no more to spend.

Open seven days a week for lunch and dinner, the establishment promises a haven for food enthusiasts seeking a slice of authenticity. A well executed Italian menu ensures consistency, broad appeal, and impressive margins.

Set beneath a green canopy, discover why this restaurant has become so cherished in Main Beach's culinary landscape. If you like to keep it simple, this may well be what you have been looking for.

Lease Details

Expires August 2025 + 5 year Option

4% Increases with Market Review at exercising of the option

Premises Details

Approximately 80m2 + generous external dining. A recent refurbishment investment of $50k.

Staff Details

One full time Chef, one full time Manager and 17 part time/casual staff.

Opening Hours

7 Days a week 12noon 9pm

Opportunity

On a street with a booming breakfast trade, why not expand your hours?

**Weekly**

Sales $21,000

Rent $1,587

Wages $7,359

Net Profit 21%
Contact Seller
Matt Lane
  • Matt Lane

Bsale ID: 644595
Broker REF: 72905

GSE Hospitality Brokers
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