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$100,000
$780,000
Business Broker
Brisbane
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.
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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
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