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Food, Beverage & Hospitality business for sale in Paradise Point

  • Food, Beverage & Hospitality
  • Paradise Point QLD 4216
  • $590,000 (GST na)

Restaurant. 100 seats with stunning waterfront views. Gold Coast - Withdrawn

Restaurant. 100 seats with stunning waterfront views. Northern Gold Coast - Paradise Point.

Description:
Seize this exceptional opportunity to own a thriving restaurant located in a prime waterfront location, offering unparalleled views that create the perfect setting for any dining experience. With all-weather, undercover alfresco seating, patrons can bask in the cozy ambiance while enjoying picturesque scenery, no matter the weather.

Business Highlights:

Weekly Sales: Approximately $23,000 and growing.
Operating Hours: 6:30 AM to 3:00 PM, with high local demand for extended dinner hours on Friday and Saturday nights.

Specialties: Chef-prepared breakfast and lunch menus featuring a variety of mouth-watering options, from traditional breakfast offerings to delectable lunch mains.

Fully Licenced (incl. Off-site Licence): A wide range of beers, wines, and spirits, making it a local favorite for socializing, gathering with friends, and hosting special events (Off-site licence allows alcohol to be served with catering).

Private Functions & Catering: This venue is also a popular choice for private functions and offers in-home catering services, providing additional revenue streams and opportunities for growth.

Broker's Comments:
The current owner has streamlined daily operations with excellent staff in place, allowing for a seamless transition. The restaurant boasts an already established, loyal customer base with tremendous potential for further growth by extending hours and expanding services.

Key Features:
Prime Waterfront Location: Stunning views that attract a steady flow of patrons.
Excellent Lease Terms: Secure and favorable lease in place
Huge Growth Potential: High demand for extended hours and dinner services.
Turnkey Operation: Well-trained staff and efficient operations.

This business is available for sale for the first time and is an exceptional investment opportunity in a highly sought-after location. Don't miss your chance to own a piece of waterfront dining excellence.

Overview:
Owner states current weekly sales of $23,000.00 & growing.
Rent: $1,807.00 per week + GST (Includes outgoings) for 2 shopfronts (only 1 is currently being utilsed - potential to expand or sublease.
Lease: Current lease expires in 2028 plus a 5-year option.
Price: $590,000 plus SAV Submit all reasonable offers.
Code: 303723

Disclaimer: Interbiz Business Brokers recommends that any decisions made on the basis of this listing's content and projections should be made only after validating the conclusions set out here with an Accountant, Financial Planner or a qualified Tax Advisor, and on the basis of commercial judgement. Interbiz Business Brokers is in no way responsible for the accuracy of the information or projections contained herein and is in no way liable for any loss or damage arising from decisions made on the basis of this advertisement.

Interbiz Business Brokers
Interbiz Business Brokers
PO Box 1085
Paradise Point, QLD 4216
Interbiz Business Brokers

Business Highlights

Business ID2018676135
Floor AreaAsk Business Broker
Category
Last updated  7 Oct 2024
Map for Paradise Point QLD 4216
Map for Paradise Point QLD 4216Paradise Point QLD 4216
Inspections
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Interbiz Business Brokers
Interbiz Business Brokers
PO Box 1085
Paradise Point, QLD 4216
Interbiz Business Brokers

Business Highlights

Business ID2018676135
Floor AreaAsk Business Broker
Category
Last updated  7 Oct 2024

Listed by

Interbiz Business Brokers
Interbiz Business Brokers

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