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Burleigh Heads Bar and Restaurant Forced Sale

$110,000.00 Bar Restaurant / Sold
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Burleigh Heads-Gold Coasts restaurant & bar hot spot. The fit out and equipment list alone warrants viewing. High exposure and current niche menu. Selling due to health-discrete inspections invited.

Potential

Licenced Restaurant this could be any cuisine restaurant! Make it what you want or keep it as it currently is!

Skills

Hospitality Skills

Lease

Till 2024 + 8 year option

Reason for Sale

Health issues forcing sale

About the Business

Quality is obvious when inspecting this restaurant. Aimed at a niche in the market the owners have poured their heart and soul into this venture only to be halted by a health issue forcing the sale. Only in its first year of trade the benefits of the current owners hard work are now just beginning to show.

Current weeks are continually growing with recent weekly turnover exceeding $12,000.

The options are open to the buyer as to continuing the current trending niche menu or taking advantage of the high volume expected for the approaching peak holiday season and launch your own main stream concept in a premium licenced venue with high exposure!

This opportunity will not last with the rent amazingly under $55+gst/m2 p/mnth or $7,165 inc of gst and outgoings/ mth. The venue also affords clients free on site parking something highly attractive in the bustling Burleigh traders precinct.

If desired a fully equipped food van can be included in the sale. With the current trending menu the food van offers a great promotional opportunity to further enhance a restaurant brand and can bring a new income stream if desired.

Key Points

• Superb Burleigh Heads high exposure position!
• Licenced Restaurant
• Premium quality fittings, furniture and equipment.
• Continue current trending menu or rebrand and relaunch for 2019 Summer holidays.
• Owners health forcing sale
• Discrete inspections invited
• Food Van Optional if desired

History

Having been a labour of love for the last year the restaurant is now reaping that hard work in great patronage. Either continue the growth or bring your own concept to this fantastic venue.


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Business Broker
Member since 27/11/2019

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Listing Details

  • Asking Price
  • $110,000.00
  • Price Comments
  • Negotiable (NEG)
  • Status
  • Sold
  • Business Type
  • Bar Restaurant