491 & 186 Visa Qualified Gold Coast Steak Restaurant for Sale $270,000+stock

3 days ago

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Summary

Long History short trading hours , only trade at night business visa 186 and 491 ready to apply hight turn over weekly sales is around $25000 net profit around $220,000 asking $270000+sav

Revenue

$1,200,000 pa

Net Profit

$220,000 pa

Location Details

It is near beach in southern Gold Coast

Potential

extend a longer trading hours

Skills

customer service skllls
people skills
business skills

Hours

Trading hours: Monday to Thursday 5pm to 8:30pm

Friday Sat 5pm to 9pm Sunday close

Lease

Lease expire in october 2031

About the Business

The business is situated in a busy beach suburb with a beautiful ocean view.

The business meets all 491 & 186 visa requirements. three visa application ready to apply

Trading history: the owners started the business in 2015.

2023 yearly sales is $1,200,000.00 +

weekly average sales $25000

Selling wine, steak, seafood etc

Trading hours: Monday to Thursday 5pm to 8:30pm

Friday Sat 5pm to 9pm Sunday close

Yearly rent $120,000 inclusive GST and outgoing

Size 126 m 2

110 seats

Lease expire in october 2031

Has a liquor license

Feb 2024 electricity is $1217.97

Food Costs 35% -37%

wages 30%

Rent 11%

two owners each one works 30 hours a week

Yearly net profit $220,000 +

Asking price $270,000 + stock

History

started in Auguest 2020

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