Italian Restaurant – Heart of the Village - Bargain Price
'Milans' is a true icon in the Buderim Village. Established some 40 years providing traditional Italian cuisine to a regular following of locals and visitors to the district.
Fully licenced and seating up to 70 the business is the only Italian and one of a few evening venues in the area. Both Takeaway and Dine-In options are popular.
'Milans' traded five days Tuesday to Saturday from 5:00pm to 8:30pm until 20/11/23 when one Chef left. Now only trading Thursday to Saturday evenings until sold. Scope exists to extend the hours (to say 4:30pm to 9:30pm) open seven days and lunch. Buderim is a very affluent area with limited lunch and evening Restaurant dining venues. Staff currently comprise one owner (kitchen), one other in kitchen, 1 senior Front of House plus 2-3 juniors as required.
Lease is sound expiring 13/2/2031 after options. Current rent is $1,003 per week inclusive of outgoings and GST. Public carparking is available behind the premises accessed by an alleyway to the side.
Plant and Equipment being sold with the business is extensive, unencumbered and in good working order. Full Schedule is available with the 'Business Profile'.
The current owner purchased the business 1.5 years ago to facilitate a pathway to immigration. That achieved he is selling at a heavily discounted price and moving to Brisbane.
Inspection is highly recommended. Genuine growth potential and future Capital Gain.
Listed price $145,000 plus Stock estimated at $5,000 (negotiable)
Make the move to the Sunshine Coast and be in business for the Summer trade.
Full training will be provided as required.
For Business Profile and viewing contact:
Trevor Tiplady
AW Business Sales
Ph: 04 244 38025
Email: trevor@amberwerchon.com.au [Less]
