12/128 Lae Drive

Runaway Bay QLD 4216

Gold Coast QLD 4216
Business Only: $149,000 + stock (WIWO)

Key Features:

*Looking to live and work in Gold Coast, Queensland?
The restaurant is situated in an affluent area where the locals have high disposable income.

The restaurant owners have carried on the business since 2008.

- Well established for 28 years and popular;
- Dine-ins and takeaways;
- Total area size 181m2;
- Loyal regular patrons;
- Good profit, great potential;
- Trading Hours: 6 days 12:00pm 2:30pm.; 4:30pm
10:00pm; Closed on Tuesdays;
- Current BYO licence; can be extended to full liquor licence;
- Full kitchen with all equipment in good condition;
- Seating 75-80 people comfortably; 30 people currently due/subject to COVID restrictions;
- Walk-in cool room;
- Excellent street front location with ample parking;
- Great reviews on social media;
- Buyers can establish home delivery and Uber eats to generate extra income;
- Employees: 2 owners for lunches; 4 casuals kitchen hands + 3-4 casuals for dinners;
- Suits owner operator;
- The Head Chef and Restaurant Manager are willing to stay for 1-3 months to hand over the business as well as to assist with day-to-day management if necessary;

Secure Lease: New 3-year extended lease from 1st September 2019 plus one option of 3 years

Rental for First Year: $75,048 per annum inclusive GST
Rental weekly: $1,443 per week*

Body Corporate: $236 per week*; $12,290 per annum*
Council Rate: $4,463 per annum*
Water Rate: $1,443 per annum*

*Approx

Please call Margaret Tse on 0451 333 191 for further information on this fantastic opportunity!


Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their enquiries to verify the information contained herein