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Food, Beverage & Hospitality business for sale in Surfers Paradise

  • Food, Beverage & Hospitality
  • Surfers Paradise QLD 4217
  • $695,000.00 + SAV

Modern Australian Pub Bar & Cocktails: Fully Managed

Located in central Surfers Paradise, this venue is the best spot for starting a night out. It offers a diverse dinner menu and a range of desserts with an extensive and popular cocktail selection.

There is no better place to own a hospitality business in Australia!

Snapshot:
- ROI: 57%
- Annual Profit under Management: $400,000.00
- Rent: $3,560.00 per week
- Lease: Long Lease to 2033 (9+ years remaining)
- Rent Percentage of Sales: 7% (Cheap for such a central location)
- Sales: $40,000.00 Net GST per week ($2 million per annum)
- Staff: 10 FOH, 6 BOH

The Key Details:
- Flexible booking options: tables, booths, entire lounge area
- Variety of menus: set menus, platters to suit all budgets and requirements
- Accommodates functions from 4 to 150 guests
- Central location, perfect for pre-club gatherings on Orchid Avenue
- Open 7 days a week: lunch, dinner, and drinks from 12:00 noon until 1:00 am
- 185 sq. metres of prime space

This business specialises in hosting functions with a track record of successful parties. It is a prime opportunity to own a venue known for its food, drinks, and event services in a popular and vibrant area.

Want to know more? Call Bruce Rylance today on 0418 396 910 or 1300 366521.

FOR SALE: $695,000.00 + SAV

Contact the exclusive broker:
Bruce Rylance
Benchmark Business Sales & Valuations
M: 0418 396 910
T: 1300 366 521

If you'd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5489 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

Business Highlights

Business ID2019301072
Floor AreaAsk Business Broker
Category
Last updated  10 Sep 2024
Map for Surfers Paradise QLD 4217
Map for Surfers Paradise QLD 4217Surfers Paradise QLD 4217
Inspections
Documents

Business Highlights

Business ID2019301072
Floor AreaAsk Business Broker
Category
Last updated  10 Sep 2024

Listed by

Bruce Rylance
Benchmark Business Sales & Valuations
Call
0418 396 910

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