Bar/café/restaurant/fully Managed - Surfers Beachfront For Sale

Bar/Café/Restaurant/Fully Managed - Surfers Beachfront for Sale
Just listed!
Irreplaceable beachfront hospitality business!
Location is critical for the success of any restaurant. This Café, Restaurant & Bar is in the perfect location, beachfront in one of the world’s most iconic holiday destinations – Surfers Paradise.
As you would expect with a consistent year on year turnover of more than $2.5m, the premises are superbly fitted out. The comfortable and casual atmosphere allows customers to have an unforgettable Bar and Dining experience while enjoying the ambience, and or ocean front.
Managed by 25 casual and full-time staff, with seating for up to 120 with 70 “weather protected” alfresco. The superb fit-out & P&E is realistically valued at $650k with a long lease in place.
More importantly this business is serving an established and growing market - visitor numbers to the Gold Coast per year are staggering; - over 4.15 million overnight domestic visitors, 7m+ day trippers and boosted by international tourists - forecast to increase 2.5% yearly plus locals.
The owner is selling below market valuation, the business ideally suits the input of someone with hospitality experience and the rewards for success could be spectacular.
$895k + SAV
Eamonn Bicknell: XXXXXXXXXX