Price
Refer to Broker
Profit *
$80,000
Sales Revenue
$360,000
Location
Queensland, Brisbane Region
Category
Food/Hospitality, Restaurant
Listing #
BR01398
Unlock the potential of this iconic Paddington location through the acquisition of a fully fitted, well-established restaurant offered exclusively as an asset sale. Set in one of Brisbane’s most desirable dining precincts, this is a rare chance to introduce your own brand in a character-filled, high exposure corner position.
The property features an attractive base rent of just $39,262 + GST & Outgoings, with the flexibility of a new lease available to incoming operators.
Currently operating with a lean team and hands-on owner, the venue runs successfully five nights a week, from 5:30pm to 9:30pm (extended hours on Saturdays). There is significant upside for a new operator to expand trading hours and introduce lunch service.
Key Features:
– Fully fitted with state of the heart equipment; Walk in and start trading
– Rare base rent for this location of only $39,262 + GST (Comm. 2020) CPI: 2%; new lease on offer
– Strategically positioned at a great corner location with approximately 60 seats both inside and outside
– All equipment, unencumbered and well maintained, included in the asset sale
All offers are considered as part of an Expression of Interest campaign, with an indicative price of $85,000 Neg. This business presents a prime opportunity for motivated operators to transform the space and establish their own brand. Contact us now to organise an inspection.
Business Broker: Matteo Melis
Ref: BR01398
Mobile: +61 433 719 112
Email: [email protected]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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