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Restaurant business for sale in Surfers Paradise

  • Restaurant
  • Surfers Paradise QLD 4217
  • $60,000 (GST na)

TTQE1065 - Business For Sale - Restaurant No competition. - Two bars

Bar - Bistro - Restaurant - Gold Coast
SBX Business Code: TTQE1065
Bar - Bistro - Restaurant - Takeaway. offering a wide range of American style dining / bistro with burgers, beef & pork ribs, wings, salads, loaded fries, etc. - Also a range of fresh seafood and choices for vegan / vegetarian customers - Full commercial kitchen. - Grease trap, exhaust systems, chest freezers, under bar fridges, stainless steel bench tops, commercial oven, 6 burner grill, 2 walk in cool rooms, full bar eg. beer taps, under bar fridges, soft drink dispensers, deep fryers, plus full kitchen utilities. - Seating 120 overall - 80 inside & 40 outside. - 40% alcohol sales - 60% food sales.

Potential
A refurbishment to the fit out would make a huge increase in new customers. - More local marketing for event hire & cocktail parties. - Expand trading hours and breakfast menu. - Offer specials for catering to local offices and hotels. - Partner with Deliveroo & Uber eats. - Has huge potential.

Features
Very well known and renowned for generous portion sizes - Large social media following. - No competition. - 2 largest bars in the area.

Premises
This business has an approx. area of 175m2 plus additional storage.

Location
Situated on a busy shopping and dining strip in a popular area in the heart of the Gold Coast.

Trading Hours
7 days - Mon. - Sun. - 1000 a.m. - 900 p.m.

Lease
2 year lease + 3 year option expires Oct. 2021 - C.P.I Increases. - 3 month bond.

Employees
1 owner + 1 full timer + 2 casuals.

Comments
All equipment owned (The coffee machine & grinder owned by roaster, beer taps & soft drink hoses supplied by suppliers). - Peak trade averages $9,500 - $10,000 per week. - Rent shown above includes outgoings. - Current owner works 50-60 hours per week. - This business needs 2 partners operating the business to maximise profits. - Current owner is looking for a quick sale.
Figures
Weekly Sales $9861
Rent (ex GST) $1532
Wages $2284
Profit $2000

SBX Business Code: TTQE1065

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2015640825
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Category
Last updated  13 Sep 2019
Map for Surfers Paradise QLD 4217
Map for Surfers Paradise QLD 4217Surfers Paradise QLD 4217
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