Price
$1,299,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Brisbane Region, Brisbane City
Category
Food/Hospitality, Restaurant
Listing #
BR01580
Well-established bar and restaurant with a full hotel license in Brisbane's CBD, comes with the added bonus of 3 separate detached boutique bottle shops all with high profile locations in the city. A great reputation for fine dining, Business is long established, trading for over a decade and steady with consistent strong weekly sales.
Very reasonable rent for large premises and all come with long leases, an investment that will keep giving for many years ahead.
Strong, long-term team in place with fulltime GM , owner working less than 20 hours per week. Fantastic opportunity to acquire a long standing bar and restaurant with steady sales, incredible reputation and following.
Highlights
– Long established with fantastic location in the CBD
– Large kitchen facilities with walk in cool room & freezer and high-quality commercial equipment
– Bar and restaurant spread over 3 levels
– Sales last year $3.8m, on track for $4m plus 2024
– Long leases on offer
– General manager in place with part time owner
Act now as opportunities of this size in this sector rarely comes on the market.
Enquire now to discover more about this opportunity.
Business Broker: Frank Willett
Ref: BR01580
Mobile: +61 415 288 954
Email: [email protected]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
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*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.
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