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Restaurants For Sale in Gold Coast QLD

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Restaurant - Pizzeria - 3 X Restaurants, Gold Coast Locations. Italian Food Group. Run Under Full Management. Sales $150,000 Pw. Nett $44,000 Pw.

Location:Gold Coast, Queensland

Category:Restaurant

Asking Price:$4,000,000

4000000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Restaurant - Pizzeria - 3 X Restaurants, Gold Coast Locations. Italian Food Group. Run Under Full Management. Sales $150,000 Pw. Nett $44,000 Pw.

Business description

Restaurant - Pizzeria - Gold Coast - Agent SBX Code Number: TTQW1022QJ

Restaurants (3) consisting of a very popular Gold Coast food group serving authentic Italian cuisine - The product is of unparalleled quality, ranked as the best Italian restaurant on the Gold Coast since its opening. - It offers delicious authentic wood fired pizza, handmade pasta, mains, salads, cocktails, beers and many more specialities. - The 3 venues are characterised by a strong Mediterranean influence and inspirations from traditional Italian architecture and design.

Potential
Fantastic opportunity to own an established and extremely successful Gold Coast business with plenty of room for growth.

Features
Popular - Successful - Profitable - Multi awarded food group - Run under full management with an excellent team.

Premises
Business operates in 3 exclusive venues and the shops extend respectively on 220, 180 and 115 square metres areas.

Location
Situated on Gold Coast.

Trading Hours
Shop 1 - 7 days - Dinner - Mon. - Wed.-Lunch & Dinner - Thurs. - Sun. - Shop 2. - 7 days - Dinner -Shop 3 - 6 days -Dinner - Tues. -Sun. + Friday and Sunday opens 12 p.m.

Lease
Shop 1 - 5 years from August 2013 - Bond $33k - 4% CPI increases - Shop 2 - 5 years from August 2015 - Bond $18k - 4% CPI increases -Shop 3 - 3 + 3 year lease from April 2017 - Bond $10k - CPI increases

Employees
1 General Manager, 1 Operations Manager, 2 book keepers, 4 restaurant Managers, 2 supervisors, 19 floor staff, 22 kitchen staff, 1 maintenance staff.

Comments
Ranked as No.1 pizza on the Gold Coast and in the Top 10 GC Restaurants. - 2000+ positive online reviews and large social media presence. - Acclaimed by local media & press. - Most equipment was directly imported from Italy including the wood fired ovens and pasta machines.- 2017 -2018 Financial Year turnover projection is $7.8m with a $2.5m net profit.- Miscell. 1 includes costs such as electricity, gas, marketing fees, subscriptions, insurance, cleaning & waste removal.

Figures
Weekly Sales $[Phone Number Censored]
Rent (ex GST) $6700
Wages $40000
Profit $44000


Agent SBX Code Number: TTQW1022QJ - SBX Business Brokers

Other Information

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