Location:
Gold Coast Mc 4217 > Gold Coast > Queensland
Investment level:
$180,000 + SAV
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
A cozy neighbourhood gem nested in GC’s pricy suburb, this restaurant offered traditional dishes inspired by time-honoured recipes & local flavours.
$160,000 pa
A rare opportunity to own a beloved local gem!
Highlights:
Fully equipped kitchen with pizza oven
Compact, efficient layout with indoor & outdoor seating (55-60 seats)
5-day "evening" trading schedule – ideal work/life balance
Great potential to expand hours or menu
Loyal customer base and strong local reputation
Suitable for owner-operator or investor
The rent is crazily reasonable at $900 weekly (including O/G & GST) and a very stable averaged weekly turnover of $8,500. Through the years, this venture has been delivering solid financial performance with healthy margins (ballpark annual netting $160,000) for the owners who are reluctant to offload but due to family reasons.
Whether you're a chef ready to make your mark or an entrepreneur seeking a turnkey hospitality opportunity, this place is full of character, charm, and culinary soul. It is also a perfect business for the Visa 188A applicants who are required to acquire a local business in order to fulfil their visa application requirements.
DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.
Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.
No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.
Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.
This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.
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