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Bar - Bistro - Restaurant - No Competition. - Two Bars For Sale

Surfers Paradise, Queensland
Asking Price:
$60,000 (AUD)
Sales Revenue:
$512,772 (AUD)
Cash Flow:
$104,000 (AUD)

Bar - Bistro - Restaurant - Takeaway. offering a wide range of American style dining / bistro with burgers, beef & pork ribs, wings, salads, loaded fries, etc. - Also a range of fresh seafood and choices for vegan / vegetarian customers - Full commercial kitchen. - Grease trap, exhaust systems, chest freezers, under bar fridges, stainless steel bench tops, commercial oven, 6 burner grill, 2 walk in cool rooms, full bar eg. beer taps, under bar fridges, soft drink dispensers, deep fryers, plus full kitchen utilities. - Seating 120 overall - 80 inside & 40 outside. - 40% alcohol sales - 60% food sales.

Potential
A refurbishment to the fit out would make a huge increase in new customers. - More local marketing for event hire & cocktail parties. - Expand trading hours and breakfast menu. - Offer specials for catering to local offices and hotels. - Partner with Deliveroo & Uber eats. - Has huge potential.

Features
Very well known and renowned for generous portion sizes - Large social media following. - No competition. - 2 largest bars in the area.

Premises
This business has an approx. area of 175m2 plus additional storage.

Location
Situated on a busy shopping and dining strip in a popular area in the heart of the Gold Coast.

Trading Hours
7 days - Mon. - Sun. - 1000 a.m. - 900 p.m.

Lease
2 year lease + 3 year option expires Oct. 2021 - -.-.- Increases. - 3 month bond.

Employees
1 owner + 1 full timer + 2 casuals.

Comments

Property Information

Location:

Situated on a busy shopping and dining strip in a popular area in the heart of the Gold Coast.

Business Operation

Expansion Potential:

A refurbishment to the fit out would make a huge increase in new customers. - More local marketing for event hire & cocktail parties. - Expand trading hours and breakfast menu. - Offer specials for catering to local offices and hotels. - Partner with Deliveroo & Uber eats. - Has huge potential.

Trading hours:

7 days - Mon. - Sun. - 1000 a.m. - 900 p.m.

Employees:
1 owner + 1 full timer + 2 casuals.
Years established:
2014

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