Brisbane largest laneway bar hits the market / Prime events venue.Listing: #BR00739
About this Business for sale in BrisbaneBrisbane largest laneway bar hits the market / Prime events venue.
Licensed for 1000 people, this exclusive venue boasts a central laneway beer garden and ample indoor seating. The hub offers a glimpse of Brisbane’s varied street-food scene with an ever-changing assembly of three to five food trucks to choose from daily, a built-in pizza joint and a bar boasting over 60 taps.
The business regularly hosts food & drink festivals, themed events and live music shows with trading hours starting from 11AM until late, 5 days p/week.
Located just 3km north from Brisbane CBD, this business is surrounded by office towers, 7 residential buildings, a 5 level car park, a convention centre hosting more than 250 major cultural, commerce and community events per year, supermarket, childcare facilities and 40+ retail shops.
**All offers considered - Contact Matteo Melis now at 0433 719 112 to discover more about this unique opportunity.
- Brisbane's Largest Laneway Bar (1,200+ m2)
- Secure 10 years lease with additional 10 years option (Exp. 2038)
- Over $2,500,000 in sales during the 2018/19 FY
- Key location attracting millions of visitors every year
Currently running under full management with an hands-off operator based interstate, this business heavily relies on functions, events and would perform at best with a dedicated working owner on site taking care of business management & events planning. Food & drink packages as well as a number of entertainment options are already on offer for EOFY parties, weddings and engagement parties, birthdays, corporate parties, product launches and much more. The space is functional with very large capacity representing a great business opportunity for an experienced operator or food group to expand their operation and take advantage of its large trading capability.
To receive a full Information Memorandum please complete an online confidentiality agreement at http://www.linkbusiness.com.au/businesses-for-sale/ca/BR00739
*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.