Dreaming of owning a yacht club? This is your chance
HERE IS your chance to own a waterfront Sunshine Coast venue.
The Yacht Club hospitality business, located on the Spit at Mooloolaba, is on the market.
The venue, which is being marketed as a "destination venue" has been in its Parkyn Pde location since the 1980s, and boasts a bar and bistro, two function rooms, outdoor areas and cracking views across the river and marina.
Renovated in 2013, the can cater for 450 guests across two levels, and already has a large number of future wedding bookings.
The restaurant's annual turnover has been listed at $2 million, with about $700,000 of that coming from private functions.
Verified Businesses is marketing the venue, saying the current owners are focused on another business, and don't have the capacity to give the club the "hands-on" approach it needs.
The asking price is $199,000 plus stock.
It should be noted that the Mooloolaba Yacht Club is located at The Wharf Mooloolaba, which has been the sailing club's home for eight years.