Johnston Business Sales
The Vistas Dr,
Carrara, QLD 4211
Phone: 0410 722 533
Food/Hospitality for sale
BRILLIANT WATERFRONT LOCATION, T/O IN EXCESS OF $8,000 P.W.
Located in one of the fastest growing upmarket areas of the Gold Coast with a magnificent waterfront position. This licensed restaurant and bar was set up and established five years ago by its current and only owner with quality equipment and furniture. The restaurant seats 60 internally and another 60 in an al fresco environment overlooking the stunning waterway.
The lease of the premises provides for two option periods of five years each with the first option due to be exercised before the expiration of the current term in January 2017.
Continued development in the immediate area will ensure a continued population explosion and the future growth prospects of this business which is located within walking distance of the Commonwealth Games main precinct. It currently opens 5 days a week for lunch and dinner. The breakfast market remains untapped.
The restaurant layout and waterfront position lends itself to weddings and other functions, revenue sources which are yet to be fully exploited.
A new owner could continue with the present cuisine but the current owner believes that this is not critical to the continued success of the business as the ideal waterfront site is ideal for any type of food/bar operation.
The asking price includes all plant and equipment. There are no leases or rental agreements.
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Year Built: 2011