Restaurants can be hard work, but they can also be rewarding! A lot of times it is hard to fathom selling your restaurant on the Gold Coast while you are immersed in the business and working hard to actually run it. Once you have actually made the decision to sell, it can be quite easy.
Contact Coast to Coast Magazine today to find out how we can help, and how easy it can be to sell your restaurant.
A couple of tips to consider to help in the preparation of sale of your Gold Coast restaurant are:
How long has your Gold Coast restaurant been operating?
Is the premises in a presentable state of repair?
Do you have financial records to match your asking price?
Does your Gold Coast Restaurant enjoy repeat business or mostly tourists? Is there a database of these clients?
Do you have reliable staff?
If we can assist you with your decision, please either fill out the below form with as many details as possible, or give us a call on 1300 793 792
If you're thinking of selling a restaurant on the Gold Coast, it's fair to say that there is plenty stacked in your favour! Selling a hospitality business of any sort in a busy tourist destination is always a bonus. And when it comes to selling on the Gold Coast, it's a bonus with a capital 'B'!
Just take a look at some of the recent Gold Coast news headlines to see why you're onto a winner: Marine Life A Drawcard On Coast, Chinese Flock To Coast For Marathon Fever, Magic Millions Lure Polo Elite, and many more.
And the cherry on top of the tourism cake has to be the Commonwealth Games, set to take place on the Gold Coast in 2018.
The fifth time Australia has hosted the Games, this major event will take place from 4-15 April, 2018, with 690,000 visitors expected to arrive on the Gold Coast during that month. Around 1.5 million people are expected to attend ticketed events.
Is that a major selling point for your restaurant, or what!
Supporting that top sales pitch are some very impressive general tourism statistics for the region. For the year ending June 2015, international visitors to the Gold Coast were up 6%; expenditure by international visitors increased by 13%, and day trip visitation to the Gold Coast was up 11%.
Statistics like these will instil tremendous business confidence in your potential buyers, and are a very strong selling point for your restaurant. In fact, it would be highly recommended to put together an information pack on your business for potential buyers.
In your pack you can not only include those excellent tourism statistics, but also the fact that the Gold Coast boasts around 70km of stunning coastline, with some of the best surf breaks in Australia.
Then there's the Gold Coast's 860km of navigable tidal waterways, pristine beaches, world class entertainment and shopping, famous theme parks and, of course, some of the best culinary experiences in the country.
Does your restaurant make use of the region's amazing local produce and wine? Then highlight that in your pack. Local produce is big news and a definite crowd-pleaser.
And, of course, you need to ensure your financials are in order, maintenance is up to date, and everything is in place legally for you to successfully sell your restaurant for a good price.
Do you need a business broker to do this? No. Keep the commission in your own pocket by talking to Coast to Coast Media - an independent, Australian-owned team of professionals, who can help you market and present your business for sale, without EVER taking commission.