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Reputable Small Restaurant. Suit Creative Chef Owner
A great opportunity to own a much loved local dining destination, just a short 20-minute drive from Brisbane CBD.
This establishment has been a cherished part of the community for over two decades, offering unforgettable experiences for diners seeking culinary excellence in a small-format dining environment.
Proven Track Record: With a remarkable 26 years under the same Owner Operator Chef, this restaurant has stood the test of time, delighting patrons with its Modern Mediterranean-inspired cuisine.
Only $75,000 Plus SAV.
All genuine offers presented
Key Features:
– FY23 Sales revenue $350,480
– FY23 Normalised Profit (SDE) $95,388
– Flexible Hours: Presently open for dinner five nights a week and for Saturday lunch (12-2pm), the potential exists to extend operating hours to maximise revenue.
– Seating up to 35-40 guests comfortably, both indoor and outdoor seating
– Inner Western Suburb Location: this restaurant enjoys high visibility and accessibility, attracting both locals and visitors alike.
– Rent per month: $3,462, including outgoings and GST.
– Lease exp 2025, with options.
Whether you're an experienced restaurateur seeking a new venture or a talented chef ready to own their own business, this restaurant presents an exciting opportunity to leave your mark on the local dining scene.
Business Broker: Jodie Castle
Ref: BR01554
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.
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