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Cafe - Restaurant - Bar - Under Management - Potential Plus For Sale

Gold Coast Mc, Queensland
Asking Price:
$99,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
$67,600 (AUD)

Restaurant - cafe - bar offering Modern Australian cuisine including tapas, light meals, coffee, wines, tap and bottled beer, cocktails and spirits. - Full commercial kitchen with cool room and ample storage. - State of the art fit out and equipment bought for over $300,000 and included in the sale. - 40 seats inside - 60 seats outside. - Licenced

Potential
As the business is currently running under full management this is a great opportunity for an owner operator to take over and double the net profit. - When the current owner used to manage the business and organise events sales could exceed $20,000 p.w. - Could extend trading hours.

Features
Well known - Great customer base - Appealing fit out and warm atmosphere.

Premises
A warm industrial style venue with an area of 110 sq. mts. offering a spacious alfresco dining area.

Location
Situated in a busy shopping centre of a Gold Coast suburb with absolute street front corner location.

Trading Hours
6 days - Tues. - Sun. - 7 a.m. - 9 p.m.

Lease
2 + 2 + 5 year lease commenced on October, 2015 - -.-.- increases - Bond $14,000

Employees
1 Manager + 1 fulltimer + 8 casuals

Comments

Property information

Location:

Situated in a busy shopping centre of a Gold Coast suburb with absolute street front corner location.

Business Operation

Expansion Potential:

As the business is currently running under full management this is a great opportunity for an owner operator to take over and double the net profit. - When the current owner used to manage the business and organise events sales could exceed $20,000 p.w. - Could extend trading hours.

Trading hours:

6 days - Tues. - Sun. - 7 a.m. - 9 p.m.

Employees:
1 Manager + 1 fulltimer + 8 casuals
Years established:
Oct 2015

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