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Iconic Waterfront Restaurant

SOLD

Gold Coast Region, Queensland

Iconic Waterfront Restaurant

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

A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00586 and click on the ENQUIRE NOW button.

For full details contact Baz Sanjakdar
Ref: GC00586
Timestamp: 20230717090005

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Last updated: 18th July 2023

Summary

Property Type
Business
Contract Type
Sold
Location
 Gold Coast
State
 Queensland
Price
SOLD
Category
  • Restaurant

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Contact

Baz Sanjakdar