Harbourside Restaurant For Sale Gold Coast
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Multi- Dimensional; Catering, Bar, Restaurant, Function & Wedding Venue.
This business occupies a prime location on the waterfront in Runaway Bay Gold Coast.
About the Business:
- Fully Licenced 7 Days 10.00 am to 12 midnight.
- Mediterranean cuisine in a spacious, informal bar/restaurant with a balcony overlooking the water.
- Runaway casual Dining. Thinking of whiling away a few hours at Runaway Bay? We can give you plenty of good reasons to say yes. There’s the alfresco dining, the million-dollar view of the bay and the boats bobbing about on the canal, the music and dancing, the food, the beer and the seriously good-natured, down-to-earth service.
- The chicken liver pate is house-made, as is the egg pasta. We like the latter topped with a subtle, salty sauce of Kalamata olives, anchovies, lemon, garlic and chilli. Although it’s also pretty tasty enveloped in a creamy white wine sauce and topped with prawns and chorizo sausage.
- Your trip to the Mediterranean will be complete with a marinara pizza, or perhaps the fish of the day.
- It’s everything you’d expect from an Italian restaurant without travelling to Italy. Moreover, with a view like this, who would want to? Best dish: House made pasta with olives and anchovies.
- Sales Net of GST
- 2017: $830,000.00
- 2018: $751,000.00
- Net Profit
- 2017: $217,000.00
- 2018: $153,715.00
- Lease: 8 years
- Area: 1,003 sq. Metres including the Per- Function & Wedding area.
- Rent: Only $77,000.00 pa and no outgoings.
- Food Cost 27%
- Wages 26%
- Trading Hours: 7 days; 10.00 am to 12.00 midnight.
- Staff: 8 Casuals
- Seating: Indoors = 100 Outdoors = 50
There are Accountants figures available and the Vendor is happy to trial for 14 days to confirm takings.
Asking Price $ 325,000.00 +SAV
For further information on this opportunity, please contact the undersigned:
Benchmark Business Sales & Valuations
M: 0418 396 910 T: 1300 366 521 E: email@example.com
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Business Category: Food and Hospitality, Restaurant, Coffee, Cafe and Restaurant
Property Code: 4028