Prime location – ultra modern professional fit-out. 'Elevate' was established on the Esplanade at Mooloolaba one year ago at 'No Expense Spared'. Change in family circumstances means 'Sell'.
Arguably the Sunshine Coast's most visually appealing Bar/Cafe set up, this business is waiting to be expanded into a full seven day early morning to late venue to maximize revenue and profit. Currently trading five days only and four evenings 'Elevate' would be perfect for a partnership, investor or owner-operator particularly with industry experience.
Located below the popular Landmark Resort, with high volume all day foot traffic, the venue provides seating for up to 115 (pre-Covid) in the Bar or under cover al fresco lounge and table service. Bar and kitchen areas are fully functional with the latest commercial equipment and technology. Kitchen is all stainless and includes walk-n cool room and freezer facilities. Parking, additional storage rooms and second cool room are located downstairs serviced via a dumb waiter lift.
Lease of the business premises is sound being one year into a 5 x 5 year term. Total area 108m2. Rent and outgoings are in line with other Esplanade venues. Rent is currently at 10% of revenue.
The venue is fully licenced from 10:00am to 12:00pm. The cocktail lounge and bar serves locally brewed craft beers, wine, premium spirits and signature cocktails. Live music is provided on Friday evenings.
Mooloolaba is the Sunshine Coasts 'holiday centre'. Full on all year round tourist destination. The beach is one of the safest family-friendly surf beaches in Australia. Recently completed 8 level car park building nearby provides convenient Esplanade access for day trippers from greater Brisbane, Sunshine Coast Hinterland towns, and other areas.
High performance solid cash flow business.
View at: www.elevatemooloolaba.com.au Facebook, TripAdvisor and Instagram
Priced at $385,000 plus Stock estimated at $50,000.
For Business Profile and viewing contact:
AW Business Sales
Ph: 04 244 38025