Bar for Sale in Gold Coast, Australia
For sale: Traditional Australian pub on the Gold Coast, offering a welcoming atmosphere, craft beers.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.1 million |
| Run Rate Sales | USD 2.1 million |
| EBITDA Margin | 20 % |
| Industries | Restaurants + 1 more |
| Locations | Gold Coast |
| Local Time | 12:33 PM Australia / Darwin |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Full Sale
Asking Price:
USD
1.05 million
(Native Currency: AUD 1,500,000)
Reason: The partners wish to sell the business in order to focus their time and resources on different busin...
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Includes physical assets worth
USD
700 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- The business operates as the only pub in the country featuring 32 craft beers on tap at any given time.
- Revenue is generated through direct food and beverage sales across its 320-person seating capacity.
- It benefits from high visibility in Surfers Paradise, drawing over 100 daily walk-ins.
- Operations are streamlined using an established system supported by a team of 9 employees, additionally, we hire up to 10 part-time employees as required.
- Registered as a Pty Ltd with a trade and an alcohol licence.
- Revenue is generated through direct food and beverage sales across its 320-person seating capacity.
- It benefits from high visibility in Surfers Paradise, drawing over 100 daily walk-ins.
- Operations are streamlined using an established system supported by a team of 9 employees, additionally, we hire up to 10 part-time employees as required.
- Registered as a Pty Ltd with a trade and an alcohol licence.
Products & Services Overview
The business’s top-selling products include 32 varieties of craft beer on tap, spirits from local breweries, and American food. Local residents, tourists, and nightlife patrons use these products by visiting the venue for dining, social gatherings, rooftop drinks, and live music entertainment.
Assets Overview
Tangible Assets:A fully fitted commercial kitchen equipment setup, active inventory and beverage stock, indoor and outdoor furniture sets, dining fixtures, bar equipment, taproom draft dispensing systems, lighting, audio and live music sound systems, and general venue fittings.
Intangible Assets:
Proprietary brand identity and trademark rights, registered Private Limited corporate entity, active trade license, liquor/alcohol license, established operational systems, supplier relationships, and customer goodwill built around a unique 32-tap craft beer concept.
Facilities Overview
The venue covers a total built-up area of 450 square meters set across two levels, featuring a 200-seat downstairs area and a 120-seat first floor with a covered rooftop. It is held under a secured renewal lease with 8 years remaining at a rental rate of AUD 480,000 per year.
Capitalization Overview
The business entity is managed by 3 trustees and 1 director. There are no loans.
Tags:
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