Sold $500,000

Iconic Restaurant for sale Gold Coast

  • Iconic restaurant with little to no direct competition
  • Under full management
  • Turnover $1.6million
  • Annualised Net Profit $182,323 pa under full management
  • Excellent long term lease with options
  • Seats 400 people
  • Recently renovated $1million fit-out

Asking for Offers + Stock at Cost $20,000 approx

Peter 0425 216 162

Ref. 1133

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    Property Features
    Peter Iffland
    Director/Business Broker
    0425 216 162
    Fluent English. Peter has brokered business deals since 2004 whilst passively managing an Import Wholesale business supplying to major retail chains including Harvey Norman, Furniture Court, Furniture One, Sleep Zone and Snooze. In 2018 Peter managed a Take-Away shop in Surfers Paradise and sold the business 12 months later for double his investment. Peter worked in corporate sales Sydney with Telstra including subsidiary companies RSL Com and Commander Systems, and for years remotely managed the family farm in Darwin NT before selling the business and freehold property to a Sydney Syndicate buyer in 2019. Peter is repeatedly told by Sellers and Buyers that he is tenacious at his job and constantly being poached to work for other companies! As a Director of Gold Coast Business Brokers, Peter is committed to making sure every business is sold and the best possible result is delivered to every client!
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