Bartercard Real Estate

Harbourside Restaurant for sale

$395,000.00 plus SAV
50% Trade Component
AU$197,500 (Cash) | AU$197,500 (Trade)

Additional Information


Pinterest

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.

 

Additional Information

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


Property Features

Not applicable

Property Information

Category
Business
Under Offer
No

Vendor Details

Andreas Unterberger

Phone : 0414 816 061
Email : info@lapiazzaonbayview.com.au

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