Industry:
Food and Hospitality
Business Address:
Oxley Drive, Biggera Waters, QLD, 4216, Australia
Click on pics to enlarge.
AD
ID:
B261000008
Asking
Price:
AUD$450,000
Rent:
Detail
business type:
Indian Restaurant
Business
Ph:
0451 336 323
After
hours ph:
Contact Details
Name:
Mrs. Dolly Rahman
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0451 336 323
Mobile:
Fax:
Email:
dollyrahman62@gmail.com
Website:
Suburb/State:
Biggera Waters / QLD
Postal Code:
4216
Country:
Australia
Comments:
Features
ESTABLISHED INDIAN RESTAURANT BUSINESS FOR SALE IN BIGGERA WATERS GOLD COAST
Located in Biggera Waters on the Gold Coast, this long-established Indian restaurant and takeaway business has been operating for 20 years, building a strong local reputation and a loyal customer base. With fully equipped commercial kitchen facilities, an experienced team and approximately 12 years remaining on the lease, the business offers an established operation with scope to expand its revenue streams.
* Established for 20 years
* Approximately 12 years remaining on the lease
* Approximately 150 square metres of internal premises
* Approximately 200 square metres of additional outdoor and function area
* Suitable for large parties, private functions and community events
* 2 fully equipped commercial food preparation and kitchen areas
* Strong local customer base and established reputation
* Experienced team already in place
* Established dine-in and takeaway operations
* Opportunities to develop online ordering and delivery
* Potential to expand catering, weddings, parties and functions
* Scope to develop corporate and office catering, meal services and large group bookings
Based on the figures supplied, the business generates approximately $78,000 in annual business profit and approximately $92,000 in annual owner income or salary, giving an indicative combined owner benefit of approximately $170,000 per annum. Financial records, including profit and loss statements, tax records and goods and services tax documentation, are available for genuine qualified buyers, subject to confidentiality requirements and verification.
A finance broker has indicated that business finance of approximately $300,000 may be achievable for a suitable purchaser, subject to the buyer's financial position, lender assessment, security requirements and final approval. Finance broker details can be provided to serious buyers wishing to discuss their eligibility.
The restaurant has an experienced team in place, including 2 Bangladeshi chefs and an experienced manager. The incoming owner may have the option to retain the existing team, subject to employment and visa arrangements, or introduce their own management and kitchen staff.
With established goodwill, commercial kitchen facilities, operating systems and staff, the business is offered as a fully operational, turnkey restaurant. The substantial outdoor and function area provides additional scope to develop private events, celebrations and group bookings, while further marketing and delivery services may help increase revenue.
The owner is selling to pursue other opportunities. This is a confidential sale, with full financial statements, lease information and further business details available to qualified buyers subject to confidentiality requirements and verification.
ASKING PRICE: $450,000 + SAV
For further details, please contact 0451 336 323.
Email: dollyrahman62@gmail.com
