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BROADBEACH, QLD
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Licensed Corner Restaurant, 60+ Seats, Oracle Broadbeach
Charles Ave, Broadbeach, QLD, 4218
Food/hospitality
·
Restaurant
$100,000
Phone enquiries - please call 1300 594 794 and quote property ID 41634. LICENSED CORNER RESTAURANT SITE AT THE ORACLE, BROADBEACH. 60+ SEATS, FITTED AND READY TO TRADE.This is a street-front corner in Broadbeach's premier dining precinct, a short walk from the beach, the convention centre and The Star. It sits at ground level with walk-in trade from both directions.60+ SEATS, MOST OF THEM OUTSIDE24 indoors1624 in the licensed outdoor seating area, included in the rent24 undercover along Charles Avenue on a council roadside dining permit, current to August 2027LICENSED TO MIDNIGHT The on-premises restaurant licence covers the restaurant and outdoor seating from 10am to midnight, seven days. It also allows takeaway and delivery of alcohol with meals. The licence transfers with the business sale, subject to OLGR approval.READY TO TRADE The fitout includes a commercial kitchen, grease trap, refrigeration, counter and cold display, the corner shopfront and furniture throughout. Building this from a bare shell typically costs $150,000$300,000 and takes two to four months before you can open. (An exhaust system and ducting exists also)THE UPSIDE The site has turned over average $870,000 a year as a daytime salad bar that closed at 7pm and barely sold a drink. That leaves a lot untapped:- five more trading hours a night (after 7pm with landlord consent)- a full drinks list- dinner trade in the Broadbeach night precinctTHE LEASE Rent is $90,507 pa + GST, with a fixed 4% increase each year and no market reviews. The landlord will grant a new lease and vary the permitted use to suit your concept.WHO IT SUITS Dining-led concepts with a strong drinks list, such as a modern bistro, grill, Italian, Japanese, or tapas and share plates. It's also a strong next venue for an established operator.PRICE $140,000 including GST for the fixtures, fittings, plant and equipment, plus stock at valuation. Sold unbranded, with no goodwill.NEXT STEP Complete the short enquiry form to receive the full information pack and book an inspection:DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
New
A-lister Restaurant And Bar Broadbeach Gold Coast
QLD
Food/hospitality
·
Restaurant
$2,400,000 + Stock
Vibrant A-Lister Restaurant and Bar BroadbeachUnder full tiered management$ 6.6 mill revenue plus plus!!! Trending up each yearLunch and Dinner to eclectic clienteleModern high-end fit-outOpen commercial kitchen, bar and alfresco areaLong established Broadbeach food hub of the Gold CoastAsking price $ 2,400,000 + SAVRare opportunity to purchase this premium Top 10 Gold Coast establishment.Under full tiered management All systems in placeContact the exclusive broker:Conny WhiteBenchmark Business Sales & ValuationsM: 0418 936 020T: 1300 366 521If youd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5188 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations
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