Highly Popular Restaurant For Sale Tourist Hotspot In Gold Coast Long Estd. Recently Refurbished Turnover Over $2.85m Your Investment $2.1m Wiwo Freehold Optional

Business For Sale Southport, Queensland 4215

Business Category Restaurant Takeaway Food

$2.1M WIWO

Description

Highly Popular Restaurant For Sale Tourist Hotspot In Gold Coast Long Estd. Recently Refurbished Turnover Over $2.85m Your Investment $2.1m Wiwo Freehold Optional

Centrally located in the tourist hub of the Gold Coast, this well-established profitable restaurant has been operating for over 30 years. Trading 7 days a week for evenings only, this fully licensed restaurant offers customers both in house dining and a takeaway service. Beautifully presented and recently refurbished, it has an indoor/outdoor seating capacity of 180 pax.

The family-owned restaurant operates under management with a loyal dedicated team of staff members.

Operating with a consistent average gross turnover in excess of $2.85M for the past 5 years with a long history of strong profits.

Due to its strong loyal local clientele, the restaurant has been able to trade successfully over the past 2 years notwithstanding Covid travel restrictions.

In addition, the new owner can introduce a breakfast and lunch menu which in turn would generate even greater profits.

The vendor is also the landlord and offers a long lease with generous terms. Alternatively, the vendor is also happy to discuss option of purchasing the freehold.

With the expected massive increase in domestic tourists coming to the Gold Coast in the coming years, this presents an ideal platform for further growth and increased profits. 

Widely regarded as one of the Gold Coast’s most successful restaurants, quite simply an amazing opportunity for an experienced restauranteur. 

Features of the Business:


High performing restaurant operating for over 30 years
Located in a super busy tourist location of Gold Coast
Extensive customer base that brings excellent profit margins
Recently refurbished and well-appointed with a commercial kitchen
Consistent gross turnover of over $2.8 million for past 5 years
Long lease, favourable terms, and an option to purchase freehold


This is a fantastic opportunity, to know more about this business, call us on the number given above TODAY!
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Bsale ID: 567452
Broker REF: 312073

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