www.aubizbuysell.com.au/101633
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

Simply the best indoor/outdoor F&B Venue

Location:
Asking:
$1,795,000

Why buy this Food and Beverage Business

Food and Beverage for Sale Gold Coast QLD Asking: $1,795,000

This famous Gold Coast Venue keeps on growing from strength to strength. Over $667,425 + 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 bright amongst the stars of the Gold Coast hospitality landscape.

* Very high weekly turnover, averaging in excess of $70,000 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 and 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 - https://forms.gle/coMD5HbpLfcgMk7u8
For more info
Contact: Dru Morgan

Dru Morgan

Business Brokers Network Australia
Broker Ref: 12308

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