Restaurant - Under Management - Bar - Spanish Tapas - Restaurant - Bar - Spanish Tapas - Gold Coast

Business For Sale Queensland

Business Category Restaurant

$168,000

Description

Restaurant - Under Management - Bar - Spanish Tapas - Restaurant - Bar - Spanish Tapas - Gold Coast

Restaurant - Under Management - Bar - Spanish Tapas - Gold Coast - Agent SBX Code Number: F3470

Restaurant - Bar serving Spanish Tapas Fusion Cuisine and amazing cocktails to complement their very popular menu including appetisers, oysters natural, Tapas board, chorizo, cheese, cured meats, mushrooms, house made dip, olives, pickled vegetables, anchovies, crackers & bread - To share - Mexican nachos and meatballs, tacos, five mouth-watering varieties, tapas, ceviche, chicken croquettes and much more. - Cocktails. - Produce is delivered daily, so each meal looks and tastes amazing. Chef is happy to stay if required - all the treasured recipes and automated systems will be handed over on settlement. Majority of the time the owners overlook the operation, there is a dedicated head chef ( currently being sponsored) followed by a cook who runs the kitchen operation. A brand new exterior awning is soon to be installed at a cost of $8,000 to $9,000 in January 2025. This will provide full outdoor undercover seating and the business can trade Monday to Friday for lunches and increase weekly sales up to $15,000 p.w.

Potential
Open Mondays for dinner during the week and promote small functions including weddings - birthday parties. Definite potential to franchise the business for entrepreneurs.

Features
Over 400 great google reviews. Low weekly rent. Excellent social media promotion of the business in place. Fully automated systems to help the business run efficiently. Security system.

Premises
Full kitchen - bar and indoor outdoor seating for 45 plus people with male and female toilets close by and an area of 65 sq. mts.

Location
Situated near the beach and offering a tranquil, coastal dining and bar experience in the Gold Coast.

Trading Hours
6 days - Monday closed. Tuesday to Friday 5.30 pm to 8.30 pm. Saturday & Sunday 1130 am to 9 pm.

Lease
Current lease commenced September 2023 for 3 years. - Annual CPI rental increases - 3 month bond.

Employees
2 owners - Staff - One chef - One cook - One bar tender - One waiter plus casuals as required when really busy. - Owners only work Saturday and Sunday.

Comments
Fusion tapas refers to small, shareable dishes that blend elements from different culinary traditions. The term tapas originates from Spain, where it traditionally refers to a variety of appetizers or snacks. When combined with the concept of fusion cuisine, which mixes ingredients, techniques, and flavours from different cultures, fusion tapas offer a creative and innovative dining experience. .- Misc.- 1 - Accountant fees - Digital Marketing Fees - Fully fitted stainless steel kitchen including oven - freezer - fridge - bench -automatic dishwasher and ice maker - open kitchen window to courtyard. The restaurant operates by itself and owners just overlook the operation and work on the admin side of the business.Food costs can be anywhere between 15 - 20 % through bulk buying opportunities of produce that can be passed onto the incoming purchaser.

Agent SBX Code Number: F3470 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 654815
Broker REF: F3470

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