Affluent and Long Established Italian Restaurant

- Gold Coast QLD

Short Summary

Long established in one of the most popular suburb of Gold Coast.
Great Historical Profitability
Short Operating Hours – Partially Under Management
Expansive Spaces -Indoor and Outdoor Dining Area plus Elegantly decorated Private Function Room
Great Lease with Good Option

Key Selling Points

• Established brand
• Passive Income
• Flexible hours
• Cashflow Positive
• Long term Management and Staff in place
• Strong year to year Profits
• Low Rent
• Long Term Lease in place
• Clean business
• Clean financials
• Long-term Customers in place
• High foot traffic location
• High visibility location
• Short Trading Hours
• Proven trading through Covid
• Ideal for 491 Visa

Short Hours – Current Owner Only Open For Dinner – Flexibility for new owner to operate extra hours to capitalise more profit
Business has been in same location for over 15 years, and loved by their customers.
This is the one of the fastest growing suburb on the Gold Coast
Great Rents for vast areas – indoor and outdoor seating, separated private function room and huge storage area.
Long-term lease with options in place.
Good social media exposure – great reviews on Google/ Tripadvisor
Business can show long and solid sales and profitability, they excelled even through Covid restrictions.

Contact Alex Cernoy 0459 424 777 | Peter Iffland 0425 216 162

Asking $585,000

Ref. no. BUY2151

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.