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Iconic Waterfront Restaurant For Sale

Gold Coast, Queensland, Australia
Asking Price:
$595,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This unique restaurant has built a tradition in providing an intimate dining experience with breath-taking waterfront views.

Although known for its authentic Italian food, there is room for a new owner to add their personal touch or just keep running the business under the existing successful formula.

* Long term Lease on offer with cheap rent
* Management Team in place
* Huge Bar, Function area & Liquor Licence
* Capacity for 186 indoor + 110 outdoor decks

The large space is luxuriously appointed with high quality furniture and fittings with a fully equipped kitchen that would cater to any cuisine.

This business would suit a chef or restaurant operator that can not only handle the current busy trade but one who has ideas to increase the patronage and functions to better utilise the large spaces, and the outdoor decks.

Currently trading only 5 nights pw Tuesday to Sunday from 5pm and lunch on Sunday from 12 noon to 3pm.

Current trading figures show a net profit of over $400,000 pa to an owner/operator.

Financial statement will impress all lending institutions.

Call me now for a confidential chat and to organise an inspection.

Asking Price: $595,000 + SAV

For full details contact Baz Sanjakdar

Business Operation

Reasons for selling:

Moving Overseas

Years established:
1970

Contact LINK Gold Coast

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