Restaurant - Bar - Restaurant - Bar - Very well
known - Near NSW/QLD border - T2967

Industry: Food/Hospitality - Restaurant | Listed by: SBX Business Brokers
Key Strengths
About this business
Restaurant - Bar - North Coast NSW - Agent SBX Code Number: T2967

Restaurant and Bar with extraordinary trading for the last 23 years - not being sold on figures although currently trading amazingly well. - The name is not being sold ,however there is a transition period or the buyer can keep the trading name under licence. - Current figures as shown on profile. - Full state of the art commercial kitchen. - Bar area with undercover seating creating a unique dining experience. - Sensational fitout and presentation.

Potential
Current owner has other business interests and new owner could devote more time and effort to further expand business.

Features
One of Australias most awarded restaurants - Great seaside location - Very low rent only 5% of sales - Very well established and current turnover very strong - $1 million dollar fitout - High genuine profits - Business to be sold at less than 25% of its market value.

Premises
Two separate sections with kitchen and bar area and restaurant seating area with total area of approx. 250 sq.mts.

Location
Seaside location amongst large hotels and popular residential area close to Gold Coast .

Trading Hours
5 dinners and 2 lunches

Lease
8 years lease from Nov. 2020 - 3 months bond - CPI increases.

Employees
1 owner chef + 1 manager + 5 in kitchen + 10 other staff

Comments
Some experience in hospitality is a requirement - this is one of the best opportunities we have available. -Purchase this iconic business now and reopen when the restrictions have lifted. This is a great opportunity to purchase a fully operational restaurant and bar with very strong trading history for over 29 years.

Figures
Weekly Sales $50000
Rent (ex GST) $2284
Wages $17500
Profit $8000


Agent SBX Code Number: T2967 - SBX Business Brokers
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Location:
QLD
Asking Price:
$395,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
2284
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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All Comments

Restaurant - Bar - Restaurant - Bar - Very well known - Near NSW/QLD border - T2967 ListingImage
About this business
Restaurant - Bar - North Coast NSW - Agent SBX Code Number: T2967

Restaurant and Bar with extraordinary trading for the last 23 years - not being sold on figures although currently trading amazingly well. - The name is not being sold ,however there is a transition period or the buyer can keep the trading name under licence. - Current figures as shown on profile. - Full state of the art commercial kitchen. - Bar area with undercover seating creating a unique dining experience. - Sensational fitout and presentation.

Potential
Current owner has other business interests and new owner could devote more time and effort to further expand business.

Features
One of Australias most awarded restaurants - Great seaside location - Very low rent only 5% of sales - Very well established and current turnover very strong - $1 million dollar fitout - High genuine profits - Business to be sold at less than 25% of its market value.

Premises
Two separate sections with kitchen and bar area and restaurant seating area with total area of approx. 250 sq.mts.

Location
Seaside location amongst large hotels and popular residential area close to Gold Coast .

Trading Hours
5 dinners and 2 lunches

Lease
8 years lease from Nov. 2020 - 3 months bond - CPI increases.

Employees
1 owner chef + 1 manager + 5 in kitchen + 10 other staff

Comments
Some experience in hospitality is a requirement - this is one of the best opportunities we have available. -Purchase this iconic business now and reopen when the restrictions have lifted. This is a great opportunity to purchase a fully operational restaurant and bar with very strong trading history for over 29 years.

Figures
Weekly Sales $50000
Rent (ex GST) $2284
Wages $17500
Profit $8000


Agent SBX Code Number: T2967 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:2284

Trading Hours:

Website:

$395,000

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