PRICE LOWERED !! $12k to 14k Weekly Sales / Corporate 5 Days Bar & Eatery Venue

Price

$69,000

Profit *

$100,000

Sales Revenue

$780,000

Location

Brisbane Region, Brisbane City

Category

Food/Hospitality, Alcohol/Liquor

Listing #

BR00616

Brisbane City Alcohol/Liquor Business for Sale
Brisbane City Alcohol/Liquor Business for Sale Slide 2
Brisbane City Alcohol/Liquor Business for Sale
Brisbane City Alcohol/Liquor Business for Sale Slide 2 Thumbnail

About this business for sale in Brisbane Region, Brisbane City

Price reduced for a quick sale – Corporate eatery & bar for sale in busy corner location.

Average weekly sales between $12,000 to $14,000 with peaks up to $20,000.

Highlights:

– Modern fit out and state of the art kitchen facilities *fully refurbished in 2017
– Very healthy income to a hands-on operator. ($100k+)
– Professional team in place ensuring high quality & service standards
– Prime corner location surrounded by Corporate & residential buildings
– Established clientele and consistent business

Great opportunity for an owner operator – chef or industry professional looking to run their own business with earning potential of over $100,000 p/year.

Enquire now to receive a detailed Information Memorandum and discover more about this rare opportunity.

This uniquely designed venue is divided into a spacious beer garden with capacity up to 70 people and an inside, top fit-out restaurant/cafe area with leather seats and custom made furniture. Wooden floors, large windows and open spaces maintain a better flow and usage of the overall space. The bar boasts shelves of premium spirits and 14 beer taps on a feature wall coated in white mosaic tiles.
 
Key Investment Features of the Business:

– Secure 12 years lease started in 2018 (7+5)
– $100,000+ Tangible Assets as per Balance Sheet (Equipment & Fittings)
– Fully licensed establishment
– Gross Annual Income: $780,000 (12-15% Net)

Reduced Price: $69,000 + SAV (approx. $15,000)

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.

To find out more, complete an online confidentiality agreement by clicking the button below.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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