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Asset Sale/Plant and Equipment + Plus New Lease (4+4yrs)
Seeking an experienced hospitality buyer the chance to move in now on a generous rent-free term.
This is an outstanding opportunity to start trading as soon as possible.
Establish your new business, only 6km from Brisbane city.
Located on 299 Sandgate Road Albion, this asset sale offers a restaurant fit-out (plant & equipment as is), along with a new lease.
Thanks to a wood-fired pizza oven, this premise has previously been home to Italian and Mediterranean cuisine.
This restaurant space is an integral part of a dynamic street precinct and Albion neighbourhood that includes fine dining, artisan bakeries, a local hotel. Seating approx 80 pax.
Perfect location for a restaurant and takeaway.
The site is next to Indian Restaurants, Turkish restaurant, Vietnamese, BBQ eateries and a Hotel. Busy inner city location.
Key Highlights:
– Vibrant Location of a restaurant strip of shops
– Close to Train & Bus stops
– Asset Sale with Plant & Equipment
– New lease term; 4 years plus 1 x 4 year option
– Rent: Gross $80,000+GST
6 Rent free term on offer. Conditions apply
Price Negotiable to genuine buyers.
Business Broker: Jodie Castle
Ref: BR01600
Mobile: +61 406 109 150
Email: jodie.castle@linkbusiness.com.au
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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