Queensland
$185,000
- Turnover: Not disclosed
- Net Profit: Not disclosed
Business Details
Business Category Restaurant
Restaurant - Bar - Fully Licensed - Seafood - Under Management - Gold Coast, QLD - Agent SBX Code Number: T3012
Restaurant & Bar - Prime Coastal Hotspot -
An exciting opportunity to acquire an established restaurant and bar in one of Northern NSW's most sought-after coastal dining and holiday destinations. Positioned within vibrant hospitality precinct surrounded by luxury accommodation, popular resorts, holiday apartments and established residential communities, this highly desirable location attracts locals, holidaymakers and tourists throughout the year. - Fully licensed - 100 seats.
The business boasts a fully equipped commercial kitchen, stylish bar and generous dining facilities, providing an incoming purchaser with substantial infrastructure and an established trading platform. The substantial fit-out, infrastructure and years of trading history provide a valuable head start. An exceptional opportunity for an experienced restaurateur, hospitality operator or ambitious chef/owner to capitalise on this sought-after coastal location and take the business to the next level.
Business name excluded from the sale. All genuine offers invited.
Potential
Outstanding potential for an experienced hospitality operator or ambitious chef/owner to capitalise on this highly sought-after coastal location. Opportunities include refreshing the menu and dining concept, expanding trading hours, introducing targeted marketing campaigns and attracting additional local and tourist patronage. The established premises, fully equipped commercial kitchen and bar provide an excellent platform to introduce fresh ideas, increase revenue and maximise the businesss potential, subject to relevant approvals.
Features
Trades 5 days only - Prime position in a highly sought-after Northern NSW coastal dining and tourist hotspot. - Approx. $30,000 in weekly sales. Established trading history. Fully equipped commercial kitchen, stylish bar and generous dining facilities. Substantial existing infrastructure, strong local and tourist catchment, and an attractive asking price of just $185,000.
Premises
Two separate sections with kitchen, wine room and bar area and restaurant seating area with total area of approx. 250 sq.mts.
Location
Situated in a sought-after Northern NSW coastal destination, within a vibrant dining and lifestyle precinct. Surrounded by quality accommodation, established residential communities and popular tourist attractions.
Trading Hours
5 days. Monday Closed. Tuesday to Thursday 430pm to 930pm. Friday & Saturday 1230pm to 230pm and 430pm to 930pm. Sunday Closed
Lease
Current lease expires in November 2028 with a 3 month rental bond also 3% annual rental increases and CPI annual rental increases.
Employees
1 owner run under management + 1 full time manager + 1 main chef + 1 other chef + casuals
Agent SBX Code Number: T3012 - Sydney Business Exchange
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