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Restaurant Bar
Location Australia
Asking Price Range $2.5M - $5.0M
Gross Revenues $350000
Net Profit / Cash Flow $900000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 10 - 19
Inventory 3000000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Moved interstate.
Description Invest in your future; this freehold restaurant for sale can only be described as the best of the best. Operating five years as a cocktail bar / up market restaurant and Situated in Australia's International holiday playground the Gold Coast, this is the venue that most restaurateurs can only dream of. This commercial holding sits on two titles with a total area of 353 m2 and has been purpose built facing east to water and designed to create a sophisticated, stylish up market venue but still retaining that casual approachable feel. This restaurant has had the opportunity to establish and distinguish itself on the Gold Coast and in the broader Australian scene, by taking a location with views across the water of the Versace hotel and Sheraton Mirage with the Surfers Paradise skyline as a backdrop. The image created by this fabulous restaurant and bar would place you high up in the world tourism market, not to mention the large local trade.
The overly large kitchen has been designed to handle daily trading as well as weddings and conferences, with large floor space and a very expensive fit out this would make any chef envious. The restaurant is currently under a lease agreement, the vendor is looking for expressions of interest on this truly unique purpose built exceptional restaurant. If you are in the restaurant, hospitality trade and have ideas of migrating to Australia or looking for that long term investment, this is a one off opportunity of a lifetime, contact now for more details. Expressions of interest.
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