Premium Restaurant With Huge Foot Traffic and Growth Potential

- Gold Coast QLD

Short Summary

Asian street food inspired restaurant with full liquor license and one of the best fitouts around.

Key Selling Points

• Low Rent
• Long Term Lease in place
• High foot traffic location
• High visibility location
• Ideal family business with opportunities to take holiday periods off!

Located on a very busy, main road right in the Heart of Surfers Paradise. Brand new fitout with no expense spared. There is a major Sports Bar currently being fitted out right next door and to be completed around October. $,9000,000 is being spent on the fitout next door, so this gives you an indication of what is about to happen in this area.

Even through the work going on next door, business has still been doing really well turning over around $50,000 per month.
It has a brand new full fitout from top to bottom, and a loyal local customer base loving the simple Asian street food and Beer.
The seller will consider some vendor finance to the right applicant so this shows confidence that the owner backs this business to pay any vendor finance back. The seller will also be happy to stay on and help for as long as you need, but the menu is simple and cooks are already in place.
There is nothing more to do here, so get in quick before Xmas and cash in over the holidays.

This is a must inspect situation. You will never find a business like this, literally being sandwiched between two mayor businesses that bring thousands of feet to your door. The seller predicts that when the Sports Bar does open next door, they will see a significant increase and possible doubling of the turnover.

Contact Peter Iffland 0425 216 162 | Rumsha Mahmood 0489 226 470

Asking $285,000

Ref. no. BUY2497

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.