SBX Business Brokers Phone : 02 9439 ****

Restaurant - Cafe - Italian Cuisine - Under Management - Great business

Listing Id : 192249

Location : Queensland

Category : Restaurant

Asking Price : 310,000

Business description

Restaurant - Cafe - Italian Cuisine - Under Management - Gold Coast - Agent SBX Code Number: TTQW1006 Cafe - restaurant offering a great selection of breakfast options until 11 a.m. then two different Italian inspired menus for lunch and dinner including entrees, salads, freshly cooked pasta, pizza, an extensive selection of seafood, meats and exquisite desserts - The bar serves cocktails, mocktails, coffee, shakes, a great range of wines, sparklings and other beverages - Recently renovated with state of the art equipment and fitout - Offers established catering services for local holiday apartments through international travel agencies - Hosting functions and events - Fully managed. Potential Plenty of room for growth. Features Under management - Very profitable - Low overheads - Highly qualified team - Loyal customers - Very popular location - Long lease. Premises This business has an area of 52 sq. mts. alfresco and a 159 sq. mts. inside area including a bar and kitchen facilities. Location Situated in a busy tourist area with large amount of foot traffic in Gold Coast and part of shopping centre. Trading Hours 7 days - 6.30 a.m. - 10 p.m. Lease 7 + 5 years lease commenced November 2015.- Expires 2**** **** Annual 3% increases - 3 month bank guarantee Employees Under full management - 5 fulltimers + 10 casuals Comments Outstanding opportunity to buy a solid long standing successful business located in a very popular area with high growth rate - Fantastic presentation - Managers stocktake every week - Staff are all well trained and very experienced - Would suit both an owner / operator with energetic vibe to continue growth of this successful business or an owner who still wishes to run under management and oversee business with book keeping duties. Diversifying the menu between breakfast, lunch and dinner the business is able to offer 3 different dining experiences attracting the same customers multiple times over the day. Figures Weekly Sales $28000 Rent (ex GST) $3300 Wages $9000 Profit $7000 Agent SBX Code Number: TTQW1006 - SBX Business Brokers


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