- Categories: Food/Hospitality, Leisure/Entertainment
This famous Gold Coast Venue keeps on growing from strength to strength. Over $667,425 + net profit forecasted for the financial year.
It does not get much better in the Bar & Food scene on the Gold Coast.
This Venue shines bright amongst the stars of the Gold Coast hospitality landscape.
* Very high weekly turnover, averaging in excess of $70,000 net per week.
* Significant net return on investment
* Trading only 5 hours per night midweek and 12 late on weekends
* Operationally fully managed business
* Very strong management team in place
* Significant refurbishment recently completed
* Top quality fit out and furnishings
* Up to 240 seats and bar
* Lease to 2026 plus a 5 yr. option
* Gross rent below 4% of net sales
* Fully documented policies, procedures, operations manuals, and checklists
* Large database with a massive social media presence across a range of platforms
* Real opportunity to further increase functions trade
This business would suit both an owner-operator and an investor looking for a substantial return on investment.
Very rarely does an opportunity of this quality become available on the market.
For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/coMD5HbpLfcgMk7u8
