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One of Brisbane's Best Waterfront Venues! Business for S...

Business for Sale
Brisbane QLD

Boasting unbeatable river views, innovative food, great wine list and outstanding service to make a most memorable occasion, whether it's for a wedding, corporate function, family Christening, hen's p

Price $

One of Brisbane's Best Waterfront Venues! Business for Sale Ref: 3043

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Boasting unbeatable river views, innovative food, great wine list and outstanding service to make a most memorable occasion, whether it's for a wedding, corporate function, family Christening, hen's party, social event or simply to enjoy the pleasures of a great meal this venue has it all!

There is a massive opportunity to extend the wedding and corporate market to drive substantial profits.

* Currently fully managed;
* Turning over $1,740,000 + for the twelve months ending 30 September 2016;
* Delivering a net return to one working owner of $265,200 +;
* Lease to 2017 with 2 x 5-year options;
* Rent only $8,447 pcm, equal to 5.8% of turnover;
* Significant investment in new kitchen and bar equipment and new POS system;
* Extremely well-managed business with quality systems in place.

All the hard work has been done! This business would suit a sales and marketing driven person to realise the full potential that exists in this business.

Price for Sale $650,000 + SAV

For more information about this excellent opportunity, complete the Confidentiality Agreement quoting reference no: 3043

Broker: Hugo Martin 0411 617 140/hugo@absbrisbane.com

Contact Seller

Contact: Hugo Martin
Phone: 07 3368 4010
Mobile: 0411 617 140
Bsale ID: 110279




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