Harbourside Restaurant for sale
$395,000.00 plus SAV
50% Trade Component
AU$197,500 (Cash) | AU$197,500 (Trade)
21 Bayview St, Runaway Bay, QLD 4216, Australia
Harbourside Restaurant For Sale Gold Coast
Multi- Dimensional; Catering, Bar, Restaurant, Function & Wedding Venue.
This business occupies a prime location on the waterfront in Runaway Bay Gold Coast.
Fully Licenced 7 Days 10.00 am to 12 midnight.
Mediterranean cuisine in a spacious, informal bar/restaurant with a balcony overlooking the water.
About the Restaurant;
Runaway casual Dining. Thinking of whiling away a few hours at Runaway Bay? We can give you plenty of good reasons to say yes. There’s the alfresco dining, the million-dollar view of the bay and the boats bobbing about on the canal, the music and dancing, the food, the beer and the seriously good-natured, down-to-earth service. The chicken liver pate is house-made, as is the egg pasta. We like the latter topped with a subtle, salty sauce of Kalamata olives, anchovies, lemon, garlic and chilli. Although it’s also pretty tasty enveloped in a creamy white wine sauce and topped with prawns and chorizo sausage. Your trip to the Mediterranean will be complete with a marinara pizza, or perhaps the fish of the day. It’s everything you’d expect from an Italian restaurant without travelling to Italy.
Moreover, with a view like this, who would want to? Best dish: House made pasta with olives and anchovies.
Sales Net of GST; 2017 $830,000.00 2018 $751,000.00
Net Profit 2017; $217,000.00 2018 $153,715.00
- Lease; 8 years
- Area; 1,003 sq. Metres including the Per- Function & Wedding area.
- Rent; Only $77,000.00 pa and no outgoings.
- Food Cost 27%
- Wages 26%
- Trading Hours 7 days; 10.00 am to 12.00 midnight.
- Staff; 8 Casuals
- Seating; Indoors = 100 Outdoors = 50
There are Accountants figures available and the Vendor is happy to trial for 14 days to confirm takings
If you have a general enquiry about 21 Bayview St, Runaway Bay, QLD 4216, Australia, would like further information about this property or to arrange an inspection, please complete the form below: