Business For Sale Queensland
Business Category Restaurant
$250,000 + SAV
Harbourside Restaurant For Sale Gold Coast
Multi-Dimensional; Catering, Bar, Restaurant, Function &amp; Wedding Venue.
This business occupies a prime location on the waterfront in Runaway Bay Gold Coast.
About the Business: (Enquiries from Operators only)
- Fully Licenced 5 Days 10.00 am to 12 midnight.
- Mediterranean cuisine in a spacious, informal bar/restaurant with a balcony overlooking the water.
- Runaway casual Dining. Thinking of whiling away a few hours at Runaway Bay? We can give you plenty of good reasons to say yes. Theres the alfresco dining, the million-dollar view of the bay and the boats bobbing about on the canal, the music and dancing, the food, the beer, and the seriously good-natured, down-to-earth service.
- The chicken liver pate is house-made, as is the egg pasta. We like the latter topped with a subtle, salty sauce of Kalamata olives, anchovies, lemon, garlic, and chili. Although its also pretty tasty enveloped in a creamy white wine sauce and topped with prawns and chorizo sausage.
- Your trip to the Mediterranean will be complete with a marinara pizza, or perhaps the fish of the day.
- Its everything youd expect from an Italian restaurant without traveling to Italy. Moreover, with a view like this, who would want to? Best dish: House-made pasta with olives and anchovies.
- Sales Net of GST
- 2017: $830,000.00
- 2018: $751,000.00
- Net Profit
- 2017: $217,000.00
- 2018: $153,715.00
- Lease: 5 years + Option for 3 years
- Area: 1,003 sq. Metres including the Per- Function &amp; Wedding area.
- Rent: Only $77,000.00 pa and no outgoings.
- Food Cost 27%
- Wages 26%
- Trading Hours: 5 days; 10.00 am to 12.00 midnight.
- Staff: 8 Casuals
- Seating: Indoors = 100 Outdoors = 50
There are Accountants figures available and the Vendor is happy to trial for 14 days to confirm takings.
Asking Price $250,000 + SAV (ROI=61%)
For further information on this opportunity, please contact:
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The business images shown are for illustration purposes only and may not be an exact representation of the business.
Business Category: Food and Hospitality, Restaurant, Coffee, Cafe and Restaurant
Property Code: 4737
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