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1 Cnr Ashmore & Bundall Road Surfers Paradise, QLD 4217

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1 Cnr Ashmore & Bundall Road,
Surfers Paradise, QLD 4217

Shops & Retail • Commercial Farming & Rural

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BUSINESS FOR SALE - Alfresco Style Restaurant - Icon Gold Coast Business

Platinum properties are proud to present this iconic restaurant, established for 14 years and now available to the astute investor.

Earning over $400,000 per year net, with a gross sales of over $1.3 Million - how could you go wrong?

This well established restaurant/function house caters predominantly to the breakfast and lunch crowd, and enjoys relaxed evenings, only catering for functions at night.

A superb mix of steak, seafood and Australian cuisine, this award winning restaurant comes with a devoted following and has a large referral network as an ideal location for wedding receptions, birthdays and business functions.

With the current staff in place, this business would be self-running, allowing the owner the option of stepping back, or alternatively the option of getting in and getting their hands dirty!

Fully licensed for food, beverages and spirits, this alfresco style restaurant is situated in a lifestyle centre which caters for other businesses such as clothing and pottery.

With ample customer parking, and a rent of $5,690.72 + GST per month (and a 5 year lease remaining), the possibilities are encouraging.

Surfers Paradise, 4217 demographic data

The median household income for Surfers Paradise is $1,323, 12% lower than Regional Queensland's household income of $1,507. Surfers Paradise has an older age profile compared to the rest of Regional Queensland (median age 42 vs 41). Property ownership data shows 39% of property owners in Surfers Paradise have a mortgage.

26,412
Population
$1,323 per week
Median household income
42 years
Median age
Renters
Most residents
Families
Most households
04224006...
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1 Cnr Ashmore & Bundall Road
Surfers Paradise, QLD 4217
farr. - Southport
7/130 Scarborough Street
SOUTHPORT, QLD 4215

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