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Restaurant - Cafe - Italian Cuisine - Under Management - Gold Coast - (Code: TTQW1006)

Great business

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Price: $310,000

Weekly Takings (inc GST) $28,000
Cost of Goods $8,000
Gross Profit $20,000
Rent $3,300
Wages $9,000
Outgoings $
Telephone $
Insurance $
Electricity $450
Gas $175
Misc 1 $75
Misc 2 $
Total Expenses $13,000
Net Profit $7,000
Coffee Kilos P/W 10.0

Estimated Stock



All other values
exclude GST
General Description
Cafe - restaurant offering a great selection of breakfast options until 11 a.m. then two different Italian inspired menus for lunch and dinner including entrees, salads, freshly cooked pasta, pizza, an extensive selection of seafood, meats and exquisite desserts - The bar serves cocktails, mocktails, coffee, shakes, a great range of wines, sparklings and other beverages - Recently renovated with state of the art equipment and fitout - Offers established catering services for local holiday apartments through international travel agencies - Hosting functions and events - Fully managed.

Plenty of room for growth.

Under management - Very profitable - Low overheads - Highly qualified team - Loyal customers - Very popular location - Long lease.

This business has an area of 52 sq. mts. alfresco and a 159 sq. mts. inside area including a bar and kitchen facilities.

Situated in a busy tourist area with large amount of foot traffic in Gold Coast and part of shopping centre.

Trading Hours
7 days - 6.30 a.m. - 10 p.m.

7 + 5 years lease commenced November 2015.- Expires 2027 - Annual 3% increases - 3 month bank guarantee

Under full management - 5 fulltimers + 10 casuals

Outstanding opportunity to buy a solid long standing successful business located in a very popular area with high growth rate - Fantastic presentation - Managers stocktake every week - Staff are all well trained and very experienced - Would suit both an owner / operator with energetic vibe to continue growth of this successful business or an owner who still wishes to run under management and oversee business with book keeping duties. Diversifying the menu between breakfast, lunch and dinner the business is able to offer 3 different dining experiences attracting the same customers multiple times over the day.

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


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