Invested Business Sales Phone : 0429 62 ****
Manni Ribeiro
0429 ****

0429 ****


Award winning Restaurant/Bar for Sale, Sunshine Coast

Listing Id : 253406

Location : Queensland - Sunshine Coast -Sunshine Coast

Category : Restaurant

Asking Price : 375,000

Business description

This iconic restaurant/bar is located on the Sunshine Coast’s premier tourism precincts. Trading for nine years, the award-winning reputation of this restaurant and its location have ensured the enormous success of this business and currently run under management, sales in excess of $2.1 million annually.

A rare opportunity to purchase this Iconic licenced Restaurant/Bar for sale. Firmly entrenched as a landmark eatery. Attracting local, interstate and tourist customers.   

While it is positioned at the top end of the market, it appeals to both a loyal local client base and tourists. The restaurant is a venue for special celebrations, casual family get together and for the young and the old.

  • Turnover in excess of $2.1 Million
  • Current sales are approximately $40,000 per week
  • Lease in place of a 3-year term and a 4-year option
  • Spacious 338 sqm including function area
  • Great personality and soft ambience
  • Loyal Following from afar
  • Luxurious high-quality fit out and kitchen equipment  
  • Up to 120 seats separate functions and dining space
  • Wheelchair Access
  • Outdoor dining
  • Private room
  • Impressive Wine List
  • Outstanding Food and Location
  • Currently trading 5 days (Wednesdays to Sundays 12pm to Late)
  • Full Liquor License (PSA)
  • Delivering very significant net returns
  • Run under management by capable team.
  • Gross rent 8.4% of net sales
  • Fully documented policies, procedures, operations manuals and check lists
  • 2,500 on the database with a massive social media presence
  • Real opportunity to further increase functions trade
  • Named in TripAdvisor's Top 10 Australian restaurants for 2016
  • This business would suit both an owner operator or an investor looking for a substantial return on investment.
  • Opportunity to extend to 7 days– restaurant currently open 5 days per week
  • Very rarely does on opportunity of this quality become available on the market.
  • A great asset for the new owner, to walk in and continue to trade, a Sunshine Coast icon and could be yours to own.

The owner has spared no expense when it comes to the décor, fixtures and fitting.

If you are seeking a highly respected restaurant which provides high profits and a high quality of life style, then this is it. Don’t delay as this business is priced to Sell.

Business asking price:             $ 375,000

Stock maximum value:            $   35,000

For additional information including a copy of the Business Profile or to arrange an inspection please contact Manni Ribeiro on**** ****

 

 


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