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Restaurant - Greek Cuisine - Gold Coast Area - (Code: TTQT1002)

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Price: $349,000






Weekly Takings (inc GST) $30,000
Cost of Goods $9,000
Gross Profit $21,000
Rent $820
Wages $12,000
Outgoings $100
Telephone $50
Insurance $50
Electricity $150
Gas $80
Misc 1 $100
Misc 2 $
Total Expenses $13,350
Net Profit $7,650
Coffee Kilos P/W 0.0

Estimated Stock

$30,000
(Additional)

Equipment

$20,000
(Included)
All other values
exclude GST
General Description
Restaurant serving Greek & Mediterranean cuisine with a stylish relaxed ambiance.- Fully licensed, extensive wine list, separate cocktail bar and licensed out door dining area. - Full commercial kitchen, 2 cold rooms, rear dry-store and storage area. - 70 seats inside - 30 seats outside.

Potential
Owner operator or partnership could absorb 1 - 2 salaries - Increase trading days, currently only 4 nights 2 lunches - Un-tapped weddings, corporate events & functions market

Features
Very low rent - Beach side ocean views- Amazing street appeal - Region undergoing tourism and hospitality boom

Premises
Freestanding building with an area of approx 350m2 -

Location
Situated in prime location on beach front with ocean views.

Trading Hours
5 nights - Thurs. - Sun. - 5.30 p.m. - 9.30 p.m. - Lunch - Sat. & Sun. - 12 p.m. - 2.30 p.m.

Lease
New 6 year lease commences November, 2018 - ($50k p.a.) 3 month bond -C.P.I. annual increases.

Employees
1 fulltime Manager + 1 fulltime head chef + 2 fulltimers and 4 casuals.

Comments
This is an amazing opportunity to take on a smoothly operating restaurant showing real profit with potential for further growth. - Established by an expert group who will offer any purchaser ongoing support. - Rated No.1 restaurant on Tripadvisor - Featured in travel magazines and widely recognised as one of best restaurants in the region. - Existing team of thoroughly trained staff, strong systems and accurate financial reporting would make this a stress free business to own and run.


SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXTTQT1002

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