One of Brisbane's Best Waterfront Venues! Business for Sale Ref: 3043
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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 email@example.com