Pizza Restaurant Beachside Southern Gold Coast

Coolangatta, Queensland 4225

$260,000 + SAV

Key Features

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  • 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

What's Nearby

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GSE Hospitality Brokers GSE Hospitality Brokers
Matt Lane

Bsale ID: 678251

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