Long Standing Restaurant & Bar Opportunity

Long Standing Restaurant & Bar Opportunity

Long Standing Restaurant & Bar Opportunity

About this Property

Off market Hotel Group is pleased to present to the market this long-standing restaurant & bar in prime location on the Gold Coast.

KEY HIGHLIGHTS:
  • Prime Gold Coast Location
  • 8 years in operation
  • Seating capacity for 120 + Bar
  • Alfresco Outside Dining Area
  • Full Commercial kitchen
  • Under Management
  • Turnover of $1.9 million
  • Lease terms of 10 years
  • Restaurant & Bar + Outside
  • Strong Lease Conditions

Suited to an owner operator or can be under management. Contact Leigh for more information about this property.

Leigh Metzeling

Sales Director

0451 607 651

Prime Newstead Restaurant & Bar with 2+ Million Turnover

Prime Newstead Restaurant & Bar with 2+ Million Turnover

Prime Newstead Restaurant & Bar with 2+ Million Turnover

About this Property

Off Market Group is pleased to extend a unique opportunity to acquire Newstead’s premier destination for bottomless brunch, drinks, and eats.

This exceptional restaurant, situated in the heart of Newstead Precinct, boasts a turnover of 2 million+, an expansive 338m² licensed area, and a full commercial kitchen. With nothing to spend and a 2+ million fit-out, this turnkey operation under management is ready for a motivated operator. Featuring an 18-year strong tenure lease, excellent exposure, and seating capacity for 150+, this prime location is priced to sell well below the replacement costs of the fit-out.

Seize this opportunity to own a thriving business in one of Newstead’s most sought-after locations!

KEY HIGHLIGHTS:
  • Turnover 2 million +
  • Newstead Precinct Prime Location
  • Nothing To Spend
  • Full Commercial Kitchen
  • 338m2 Licenses Area
  • Under Management
  • 18 years Strong Tenure Lease
  • 2+ Million Fit Out
  • Turnkey Operation
  • Excellent Exposure
  • Looking for Motivated Operator
  • Price to Sell, Well Below Replacement Costs Of Fit Out
  • 150 + Seating Capacity

Contact Leigh for more information about this property.

Leigh Metzeling

Sales Director

0451 607 651