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Restaurant - Bistro - Bar - Bistro - Restaurant - Bar -...

Business for Sale
Restaurant - Bistro - Bar - Bistro - Restaurant - Bar - Under Management - Netting $7,200 p.w.
Newstead QLD

Restaurant - Bistro - Bar - Brisbane City Fringe - Agent SBX Code Number: TTQN1111 Restaurant and Bar serving modern Australian cuisine with share platters for lunch and dinner. - Full range...

Price $360,000.00

Restaurant - Bistro - Bar - Bistro - Restaurant - Bar - Under Management - Netting $7,200 p.w.

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Bistro - Bar - Brisbane City Fringe - Agent SBX Code Number: TTQN1111

Restaurant and Bar serving modern Australian cuisine with share platters for lunch and dinner. - Full range of draught and crafted bears and wines. - All fresco dining with 80 seats outside and 60 seats inside. -Full commercial kitchen. - Great storage and cool room facilities. - Can easily cope with a larger capacity up to 200 guests for function, weddings, corporate and cocktails party.

Potential

A new owner / operator has potential to increase both turnover and profits. - Currently not open for breakfast so could easily increase turnover & profit by adding breakfast. - Experienced operators could easily achieve sales over $45,000 p.w.

Features

Top location - Outstanding fit out -Currently run under management - Well established - Long Lease

Premises

Modern style restaurant and all fresco dining, bar and large kitchen with an area of 310 sq.mts.

Location

Northern Brisbane City Fridge location surrounded by new rapidly developing apartment & office blocks.

Trading Hours

7 days - Mon. - Sun. - 1130 a.m. - Late

Lease

Current lease expires 29th August 2023 + 10 years option - Bond $77,000. - 4% C.P.I. increases.

Employees

3 full timers + 4 part timers + 8 casuals

Comments

A rare opportunity to build the business due to growth in area with the existing business already showing great profits. - $750,000 spent on state of the art fit out.- Great opportunity to purchase business under full management with proven track record. - This is a must inspect business.

Agent SBX Code Number: TTQN1111 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 239747
SBX ID: TTQN1111




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