Multi site restaurant group w/ production kitchen Gold Coast

Price: $600,000 + Stock
First time offered in 36 years!

Key Sale Highlights

Business Overview

First time offered in 36 years!
Located across the Gold Coast highway this multi site group has been an icon of the Gold Coast for over 3 decades.
3 Licenced venues in premier locations with a centrally located production kitchen.
Consistent weekly sales, a long lease, and long-standing systems and procedures in place.
The current owners have run this business for over two decades and are ready to pass the torch.

Lease Details
Multiple leases to discuss. All with long tenure and generous terms.

Premises Details
Venue 1 – Seats up to 70 with indoor and outdoor seating. Licenced area – 65m2 internal
Venue 2 – Seats up to 140 indoor and outdoor seating. Licenced area – 169 m2 internal 30m2 external.
Venue 3 – Seats up to 140 indoor and outdoor seating with ocean views.
Production kitchen – approximately 120 sq metres downstairs with catering / production equipment and cool rooms / upstairs office space currently utilised as recording studio / bath room facilities

Staff Details
The owners work behind the scenes.
Two full time chefs run the production kitchen with a team of supervisors and casual staff across each venue.

Opening Hours
Varys per venue.

Opportunity
– Expand on this iconic business into Brisbane and beyond.
– Next to no competition. Has stood the test of time and dominates this local market.
– Add weekend surcharge in line with competition.
– Engineer the menu to improve cost of goods
– Incentivise the management team to drive down labour costs
– Sublet office space at factory

Financials

This information is only available to registered users. 

Location Details

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

This information is only available to registered users. 

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