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Italian Restaurant / Vendor Terms Considered
Advert Id: 273886, Sellers Ref: (BS00467)
Location:Gold Coast, Queensland
Category:Restaurant, Food
Asking Price:$360,000
- Sales revenue : Undisclosed
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Business description
After 12 years of successful operation by same owners, this unique Italian restaurant has become a very popular destination among locals.
Trading 7 days from 5pm to 10pm and weekends only from 7am to 11am for breakfast.
Family run operation catering to local residential clientele.
Strong consistent trading history showing an average net of over $220,000 pa to an owner/operator.
Current owners are now seeking retirement and will consider vendor terms to the right operator to take over and continue the success..
Very long lease, current term till 2021 with a further 2x5 year options, and reasonable rental.
Fully equipped kitchen and bar to handle over 100 covers daily.
Total seating capacity approx. 120 people with a hugh outdoor fully enclosed undercover dining area.
Great location with plenty of car parking.
An inspection will impress any hospitality operator.
Avoid disappointment and call me now to arrange an inspection.
Asking Price: $360,000 + SAV
For full details contact Baz Sanjakdar
Other Information
- Years Established: 2006
- Trading Hours: Mon - Fri 5pm - 9.30pm, Sat & Sun 7am - 11.30am
- Reason For Selling: Retirement
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