Restaurant for sale in QLD

For Sale $3,000,000

\nRestaurant - Bar - Gold Coast - Queensland - Agent SBX Code Number: TQJ1008

Well known restaurant and bar serving the best steak and seafood in the area. - 500 + customers per night. - Huge wine selection. Large commercial kitchen. The business includes a 5 bedroom apartment with 3 ensuites which is attached to the building. The freehold is also available which includes - 9000sq mtrs of land, 2908 of building, 3 brm house, rent from a convenience store, food takeaway, hairdresser, and a butcher. Asking price for business and property is $13,000,000 - 1100 seats.

Potential
If you owned the freehold it could be turned into a hotel. The owner has also been approached by a major food chain wanting to build on the back of the site.

Features
Prime residential area. Very busy location. 5 bedroom residence attached. Popular for business and family functions.

Premises
This business has an area of 2908 m2,

Location
Situated in the heart of a suburban area of Gold Coast on a busy arterial road.

Trading Hours
7 days - 11 a.m. - 10 p.m.

Lease
New lease is negotiable to suit or you can buy freehold

Employees
2 owners + staff (up to 40 at peak times )

Comments
This is an opportunity to buy a solid long standing successful business that has been making money for 30 years. - After 30 years the owner is ready to sell.

Figures
Weekly Sales $77000
Rent (ex GST) $6000
Wages $0
Profit $15000

Agent SBX Code Number: TQJ1008 - SBX Business Brokers