About the Business

Business Snapshot:
Established and reputable restaurant with strong brand presence.
Operated by an owner-chef with reliable kitchen and service staff.
Weekly sales: $8,000 – $12,000 (averaging approx. $10,000).
Weekly wages approx. $2,500 with stable and experienced team.
Annual net return: approx. $120,000
Only trades 6 nights weekly
Popular with both local residents and tourists, ensuring year-round trade.

Premises & Location:
Situated in one of the Gold Coast's most affluent coastal suburbs – a destination for food, lifestyle, and tourism.
Approx. 276 SQM restaurant & bar with modern fit-out, full commercial kitchen, and premium dining atmosphere.
Freehold property available for purchase at $2.7 million, offering long-term capital growth and asset security.
Current rent (if leased): approx. $132,000 p.a. incl. GST + outgoings.

Business can be converted into Japanese Teriyaki or any other Asian cuisine.

Asking Price:
Business Only: $198,000 + SAV
Business + Freehold (276 SQM property): $2.7 million

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.