Italian Restaurant

For Sale | $240,000 + SAV


Current owner took on a vacant premises and fully refurbished the venue with brand new equipment and fit out.

Opened for trade in March 2021 takeaway only and then restaurant completed and opened in Sept 2021.

Excellent location overlooking the water in an upmarket residential area.

Long lease of 3 + 3 + 3 year terms and $55,000pa rental inclusive of outgoings and GST.

The restaurant has a large kitchen and a separate takeaway section with a separate customer entrance from the road.

The main dining room and private function room is located to the rear facing the waterfront and car park.

Fully licensed with a bar and under covered balcony terrace.

Comfortable surroundings with an exceptional decor makes this venue appealing to local clientele.

Trading only 5 nights a week from Wed to Sun 5pm to 10.30pm, these hours can be expanded due to public demand.

Current turnover $12,000 pw on night trade only.

Fully staffed with chefs and floor staff.

Current owner is not a hospitality operator and wants to move on with other business ventures.

All reasonable offers will be considered as the owner is wanting it sold ASAP.

Inspection will impress any hospitality operator.

Ideal suited to a hospitality husband and wife team or partnership.

Asking Price: $240,000 ONO + 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/GC00783 and click on the ENQUIRE NOW button.

For full details contact Baz Sanjakdar
Ref: GC00783
Timestamp: 20211221080036



Baz Sanjakdar

Marketing By

Baz Sanjakdar

LINK Gold Coast


This Restaurant Business is one of 147 businesses for sale in Gold Coast, Queensland, and one of 13 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Gold Coast for the asking price of $240,000 + SAV and has been on market for less than 3 months.