SBX Business Brokers Phone : 02 9439 ****

Restaurant - Bar - Under Management - Italian Cuisine - Very well known

Listing Id : 236244

Location : Queensland

Category : Restaurant

Asking Price : 2,500,000

Business description

Restaurant - Bar - Under Management - Italian Cuisine - Gold Coast - Agent SBX Code Number: TTQW1**** **** Restaurant offering a product of unparalleled quality including hand made pizza and pasta prepared in house daily, vegetarian options, specials, tapas and a large variety of drinks including wines, craft beers and cocktails. - Very strong organisational structure taking care of running operations, social media, specials and staff management. -40 seats outside - 100 seats inside - licenced. Potential Great opportunity to purchase a well established, top ranked Gold Coast restaurant with plenty of room for growth and possibility to franchise. Features Top 10 Gold Coast Restaurants on Trip Advisor - Well established - Highly profitable - Very popular - Strong brand awareness. - Fully managed Premises Business has an area of 210 sq. metres. Location Situated in the heart of one of the most popular Gold Coast suburbs surrounded by hotels and resorts, shopping, dining, and nightlife. Trading Hours 7 days - Mon. to Wed. - 6 p.m. to 9.30 p.m. - Thurs. to Sun. - 12.30 p.m. to 3 p.m. & 6 p.m. to 9.30 p.m. Lease 5 + 5 years lease commenced on August, 2013 - 3 months bond / Bank guarantee - C.P.I. Increases. Employees 2 Restaurant Managers + 1 supervisor + 8 waitstaff + 2 head chefs + 1 sous chef + 4 cooks + 2 pizza chefs + 3 misc. staff. Comments Rare opportunity to purchase a stable, top performing Gold Coast business which is largely acclaimed by media and local press attracting locals, tourists and celebrities visiting the Gold Coast. - Owners are willing to train and support a new owner during the first months of trading to ensure a smooth transition. - Figures based on yearly average. - Miscell. - 1 -includes electricity, gas, marketing, accounting, subscriptions, insurance, maintenance, cleaning & waste removal. - Stock included in sale price. Figures Weekly Sales $95000 Rent (ex GST) $3500 Wages $15000 Profit $26000 Agent SBX Code Number: TTQW1**** **** - SBX Business Brokers


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