Ad ID: 101633

Food and Beverage for Sale Gold Coast QLD

Enquire about this "Food and Beverage for Sale Gold Coast QLD" opportunity on aubizbuysell

Outstanding Food and Beverage Venue


Business for Sale Description

Food and Beverage for Sale Gold Coast QLD Asking: $2,495,000

This famous Gold Coast Venue keeps on growing from strength to strength.

Over $1,100,000 + net profit forecasted for the financial year. It does not get much better in the Bar & Food scene on the Gold Coast.

This Venue shines brightly amongst the stars of the Gold Coast hospitality landscape.

* Very high weekly turnover, currently averaging in excess of $97,000 net per week
* Significant net return on investment
* Trading only 5 hours per night midweek and 12 late on weekends
* Operationally fully managed business
* Very strong management team in place
* Significant refurbishment recently completed
* Top quality fit out and furnishings
* Up to 240 seats and bar
* Lease to 2026 plus a 5 yr. option
* Gross rent below 4% of net sales
* Fully documented policies, procedures, operations manuals, and checklists
* Large database with a massive social media presence across a range of platforms
* Real opportunity to further increase functions trade

This business would suit both an owner-operator or an investor looking for a substantial return on investment. Very rarely does an opportunity of this quality become available on the market.

For a full Information Memorandum, use this link to complete the confidentiality agreement
For more info
Contact: Dru Morgan

Dru Morgan

Business Brokers Network Australia
Broker Ref: 12308

Interested In This Opportunity?

Email to a friend / myself


Share this:

Sign up for the Latest Businesses For Sale

quickly get the newest business opportunities.