Businesses for Sale

Buy your next business via bsale
My Account: Sign In

MEXICAN RESTAURANT FOR SALE ON THE GOLD COAST QUEENSLAN...

Business for Sale
QLD

This Fully Managed turnkey Mexican food restaurant is just waiting for its new owner to take the ball and run. ACT NOW! Takings at $26,000.00 per week or $1.35 million pa. R.O.I. = 42% About the Bus

Price $399,000.00 + SAV

MEXICAN RESTAURANT FOR SALE ON THE GOLD COAST QUEENSLAND

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
This Fully Managed turnkey Mexican food restaurant is just waiting for its new owner to take the ball and run. ACT NOW!

Takings at $26,000.00 per week or $1.35 million pa. R.O.I. = 42%

About the Business:

- This restaurant is located in a popular shopping area on the Gold Coast, close to the Beach & both residential and retail areas on the Gold Coast Hwy. No expense has been spared on the kitchen and the interior Fitout.

- Demographics in the area are great, and fit this type of restaurant perfectly. The restaurant is situated in a prime two level building on the Gold Coast Hwy.

- The area has a hugely popular convenience store, constantly drawing and depositing new customers at your doorstep daily. There are over 600 apartments approved to be built within 500 metres of the Restaurant , right on the beach front.

- The dining area is very comfortable and with the available patio dining customers can relax and enjoy their favourite meals outside as well.

- The fully equipped kitchen has all the restaurant equipment you will need to prepare and cook all the Mexican food favourites.

- The equipment is all in new or near new condition so no worries about things breaking down in the middle of a rush.

- There are two bars, with adequate dining and a function area giving the operator complete flexible with bookings for private functions.

- The space itself is a compact 265 Sq. metres, which is just right for this type of operation.

- Cost of occupancy for a Location like this is very low and under 10% of sales.

Don’t miss you chance to own one of the most popular food concepts around, get in, do a little marketing and this place will be a gold mine.

Key Points:

- Lease; Expires in November 2023 Plus 2 x 5 year options = 14 years Total

- Location; Prime Highway Exposure

- Total Monthly Rent: $ 8,600.00 pm includes all out goings

- Liquor License: for two levels

- No Franchise fees you keep the full profit

- Full-Time Employees: Management Staff; Restaurant Manager, Head Chef, Bar Manager, Assistance Manager.

- Casual Staff = 9 * Full - Time Staff = 7

- Hours Open 7 days: Monday to Wednesday 5.00 pm. until 10.00 pm or late if having Functions. Thursday to Sunday 11.00 am. to midnight. Lunch + DinnerSeating on = 105

- Reason for selling; Owner needs to focus on his other business interests, now that the Restaurant is running under management.

Business Highlights:

- Very easy to operate – full training provided.

- Excellent Social Media.

- High traffic/turnover centre for Tourist & Locals

- Onsite parking of 100 cars

- Low cost of occupancy

- Very popular food concept

- Located on busy thoroughfare

- Outside dining

Net Profit $170,000.00 pa. Under management. R.O.I. = 42%

Sale is subject to a Trial Period, to confirm weekly takings of $26,000.00

Asking Price $399,000.00 + SAV.

For further information on this opportunity, please contact the undersigned:

Bruce Rylance

Business Broker

Benchmark Business Sales and Valuations

M: 0418 396 910 T: 1300 366 521 E: bruce.r@benchmarkbusiness.com.au

If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-4030

or go to www.benchmarkbusiness.com.au and use the reference number #4030 to search for the business.



Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Food and Hospitality, Cafe and Coffee Shop, Coffee, Cafe and Restaurant

Property Code: 4030

Contact Seller

Logo

Contact: Bruce Rylance
Phone: 1300 366 521
Mobile: 0418 396 910

Bsale ID: 277817
Agent ID: benchmark_49_234




Similar businesses for sale that may interest you:

Iconic Gold Coast Seafood Restaurant

Gold Coast, QLD Business for Sale $395,000 + SAV

Established for over a decade and a half, this iconic destination restaurant continues to grow in sales, leaving many restaurants in its wake, enjoying massive sales increases over the past 12 months,

Food - Restaurant For Sale | Food - Supermarket, Butcher, Fruit, Bakery, Deli Bsale ID 277363
SOLD

$100,000+ Projected Profit-british Chips

Gold Coast, Gold Coast, QLD Business for Sale $49,950 + SAV

Authentic and immaculately presented outlet with chip shop offering traditionally sourced and cooked British menu. This business is NOT A FRANCHISE. But offers all the operational benefits of one.

Food - Franchise Outlets | Food - Restaurant For Sale | Food - Takeaway Shops For Sale Bsale ID 207391

Harbourside Restaurant For Sale Gold Coast

Gold Coast, QLD Business for Sale $325,000 + SAV

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

Food - Restaurant For Sale Bsale ID 277816

Send this post to a friend