SBX Business Brokers Phone : 02 9439 ****

Cafe - Bar - Restaurant - Submit All Offers

Listing Id : 249219

Location : Queensland

Category : Restaurant

Asking Price : 295,000

Business description

Cafe - Bar - Restaurant - Gold Coast - Agent SBX Code Number: T2954 Cafe - Bar - Restaurant serving large range of cocktails, range of local beers, wine, burgers, gourmet pizza, rotisserie chicken, shared plates and grilled meats plus a range of salads and famous pork ribs. - Absolute state of the art full commercial kitchen and bar including outstanding courtyard . - 100 seats inside - 70 seats outside. Potential Huge potential for good operator to get sales to over $60,000 per week with profits approaching $10,000 per week. Features Outstanding and very high quality and design fit out. - Great long lease and low rent considering size of venue. - Very strong current sales however tremendous potential for growth. Premises Great corner location with an area of approx. 450 sq.mts. including indoor and outdoor seating Location Situated in the absolute heart of the Gold Coast tourist area. Trading Hours 7 days - Mon. - Thurs. - 5 p.m.- 10.30 p.m. - Fri. - Sat. - 12 noon - 12 a.m. - Sun. - 12 noon -10.30 p.m. Lease 10 year lease expires June, 2**** **** % annual increases - 3 month bond. Employees 1 Manager + 15 casuals Comments Amazing fit out and one of the best on the Gold Coast which cost over $2,000,000. - The name of the venue is not for sale. - The figures above are based on an owner operator working in the business full time. - The current owners are operating this business under full management and the current model does not fit the overall company structure . - This is a small venue in comparison to the other restaurant / bars in the group. - Great opportunity to purchase this venue at well below cost. - An owner operator can improve overall business and achieve very high returns on investments. Figures Weekly Sales $40000 Rent (ex GST) $3000 Wages $11600 Profit $5000 Agent SBX Code Number: T2954 - SBX Business Brokers

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