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Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue Full Fit Out - For Sale

Location:Queensland

Category:Restaurant, Cafe and Coffee Shop, Hospitality and Tourism

Asking Price:$49,500

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale
  • Bar, Restaurant, Cafe With Live Music In Busy Laneway Venue  Full Fit Out - For Sale

Business description

This Restaurant is positioned in a great location & has good rent when comparing to others in this highly sought entertainment and hospitality precinct. With 69m2 included in the lease & approx. 46m2 of common property available to use for outdoor seating, the lease price is extremely attractive.    

The unique location, bar and fit out makes this restaurant an inviting destination food hub. The current menu is well thought out and the location of the restaurant is the perfect spot for evening socialising. The restaurant also has multiple areas on offer to hire to cater to events and functions and offers seating indoors and outdoors.

Seating in two internal areas of 14 and 18 as well as seating for 26 external covered area. 58 total capacity seating.

The restaurant and bar has an extensive range of equipment and furniture, commercial kitchen appliances, a glycol beer system, bar fridges and freezers and a transferrable liquor license included in the sale of this business.

The restaurant and bar had a complete revive and new paint job less than 12 months ago.

The restaurant has the space and the means to provide live entertainment, on normal trading nights or for functions & events.

Currently the restaurant is only opening late to provide evening meals options - 5 days a week & 6 days in summer months. A motivated new owner will be able to see the restaurants potential to serve breakfast & lunch food & café style treats during the day & restaurant meals/ tapas during the evening to maximise profit. 

Key Points

  • Great Rent & Secured Long Lease
  • Great/Unique Burleigh Heads location near esplanade
  • Proven food concept
  • Transferrable liquor license 
  • Unencumbered Restaurant equipment included.
  • Plenty of indoor and outdoor seating 58 seat capacity.
  • Huge potential for growth – extending trading hours, offering breakfast / lunch.
  • Popular among locals and tourists.
  • Motivated Seller

If you’re looking to own a fully established restaurant and bar that occupies a great location and needs a new owner’s passion to ignite its potential.  Don’t pass up this great business opportunity.

Other Information

  • Years Established: 2
  • Employees: 6
  • Trading Hours: Monday CLOSED Tuesday 5pm - late Wednesday 5pm - late Tuesday 5pm - late Thursday 5pm - late Friday 5pm - late Saturday 5pm - late Sunday 5pm - late
  • Reason For Selling: Family Relocation
  • Lease Terms: Lease secured until 2022
Transworld Business Advisors - Gold Coast North
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