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Iconic Italian Restaurant In Gold Coast For Sale

Gold Coast, Queensland, Australia
Asking Price:
$295,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

After 35 years of success it’s time for the owner of this iconic restaurant to call it a day and retire.

Well known restaurant with repeat loyal clientele for 16 years in current location.

Trading only 4 nights per week from Wednesday to Saturday 5pm to 10pm.

Current turnovers $14,000 pw in 4 nights trade of 20 operating hours.

Potential to double turnover and net profit by simply increasing trading days and hours to 40 hours pw.

Large fully equipped kitchen to handle any cuisine.

Large premises with huge fully covered outdoor dining area. Total seating for approx. 100 pax.

Liquor licensed with bar and indoor seating for approx. 40 pax.

Good lease with 2 x 4 year options till 2033 and cheap rent.

Owner motivated to sell and wishing to play more golf.

Hospitality operators will be impressed in the fit out, kitchen and location.

First time offered for sale, first to inspect will buy. Avoid disappointment.

Priced to sell at $295,000 ono

For full details contact Bassam Sanjakdar

Contact LINK Gold Coast

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