Johnston Business Sales Phone : 0411 59 ****
Gary Johnston
04115 ****

04115 ****

Restaurant Waterfront Dining - Gold Coast for Sale

Listing Id : 301689

Location : Queensland -Gold Coast

Category : Restaurant, Functions, Events

Asking Price : 3,975,000

Business description

Restaurant Waterfront Dining - Gold Coast for Sale

Iconic name, one owner, sales $9Mpa returning a 24%+ net profit.

This Managed Icon is a 5-star business, positioned in a premium Waterfront location creating beautiful memories of that special occasion or night out.

Established 7years, 8**** **** M2 seats up to 360 guests!

95% are local returning Gold Coast patrons so not subject to tourism fluctuations.

Plus, as an added feature it retails fresh and takeaway seafood.

15 years remaining on the lease plus a further 7-year option is available.

Rent cost is just 5% of sales!

Besides restaurant dining, the business has the space to co-run events and private functions.

State of art kitchen, Bar, Lounge Bar, and related fittings & Equipment appraised at $1.75M - $2M

Exceptional social media, website content, exposure, and reviews.

Full financial verification available.

$3,975,000 + SAV

Gary Johnston**** ****

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