Significant Restaurant and Bar Premier CBD Location - Business for Sale Ref:2888
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Prestigious, dynamic, consistent award winning restaurant and bar on the Brisbane river, located in the heart of the CBD.
A long-time favourite amongst the business, professional and legal community as well as being a destination of choice for discerning tourists and leisure seekers.
* Average sales of $6,625,774 for the past three years with sales to December of $3,749,610;
* Average EBIT or $538,291 for the past three years with an EBIT to December of $348,554;
* Average sales of $6,625,774 for the past three years;
* Long term stable staff both front and back of house;
* Lease to 2022;
* Rent approximately 8.2% of turnover;
* Seats approximately 180 with seating in the bar to 60;
* Highest quality in fitout, furnishing and equipment.
Outstanding opportunity for both an operator and investor for a better than market return on investment.
Price for Sale: $1,100,000 + SAV
Broker: Hugo Martin 0411 617 email@example.com
Head Office: 07 3368 firstname.lastname@example.org