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Rare Hospitality Offering - Gold Coast Venue

Gold Coast Region, QLD, ID 160594

Rare Hospitality Offering - Gold Coast Venue 1
Rare Hospitality Offering - Gold Coast Venue 1
Asking price:
AUD $1 980 000
Owner
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Description

A large beachfront restaurant and bar located directly opposite a major surfing beach. The venue has been operating as an award-winning hospitality business with a strong brand and established reputation. The restaurant spans approximately 1,000 square metres and includes seating for 200 guests along with a bar area. It operates six days per week and is supported by a team of around 15 staff, including experienced management. Key Features * Prime beachfront location with high foot traffic * Seating for 200 guests plus licensed bar * Approximately $70,000 weekly turnover * 20-year lease in place * Rent of $22,500 per month * Trades 6 days per week * 15 staff including management in place * Strong product offering including steaks, craft beers, and a large wine selection The business operates as a structured and systemised venue with a strong reputation and consistent trade. It is positioned as a flagship hospitality site with long-term lease security.

Details

Real Estate: Lease
Square m2: 1000
Asking price: 1 980 000 aud
Rent (per year): 270 000 aud

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