Coolangatta, Queensland 4225
$260,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Beachside Southern Gold Coast location, Coolangatta.
- Consistent weekly gross sales approximately $20,141.
- Evening trade only; potential to open weekend lunches.
- New $30,000 pizza oven installed.
- Approximately 95 seats indoor and outdoor.
- Lease expires 10 December 2027 with one option.
- Turnover: $20,141 weekly
- Net Profit: $3,782 weekly
- Rent/Lease: $53,700 p.a. gross (approx $1,638 weekly)
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Restaurant
Beautiful island bar with restaurant and generous outdoor dining
Consistent weekly gross sales of $20,000.
The owner works 20 hours per week in the business.
Generous net profit allowing room to place under management.
Rent under 10%.
Evening trade only, scope to open lunch on weekends with high footpath traffic.
New $30,000 pizza oven.
Car space for Uber drivers for easy grab n go.
Staff No
Kitchen
Head Chef - Full time
Pizza cook (sponsored visa holder)- Full time
Kitchen Hand - approx 32 hours - Casual
Front of House
Owner - Manager (service only) - 20 hours per week
Waitpersons:
- 1 x part time (approx 32 hours per week)
- 1 x casual (approx 25 hours per week)
Seasonal Staff (Summer Peak)
- 1 x waiter casual (approx 20 - 25 hours per week)
- 1 x kitchen hand casual (approx 15 - 20 hours per week)
Lease Info
Expires 10th December 2027
Options 1 x 4 years
Accommodating Landlord
Trading Times
6 days - 5 - 9pm Closed Mondays
Size of Premises
Rent and outgoings - approximately $53,700 per annum gross.
Floor area approximately 140sq m - approximately 95 seats (indoor + outdoor)
Street side parking directly out front
Newly updated interior and kitchen.
Opportunity
Open lunches - weekends are heaving
Open 7 nights - 5 nights currently
Push Uber / deliveries
Easily to put under mgt with ample profit and current owner working part time
**Weekly**
Sales Approx $20,141 gross
Rent $1,638 gross
Wages $5,500
Net Profit $3,782
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