High Turnover Stunning Restaurant OpportunityListing: #GC00456
About this business for saleHigh Turnover Stunning Restaurant Opportunity
Located in the dining precinct of Chermside Westfield is this amazing restaurant and bar, operated under management.
The restaurant seats 120 inside and 40 outside under cover, so the restaurant can handle volume dining. Elegant stylings give this venue a warm and comfortable feel with a spectacular fit-out. As the business has only been trading for just over the year, everything is like new, so no need for the buyer, having to do any upgrades.
Annual Sales over $2,300,000 with number of opportunities to increase sales, this restaurant is currently trading 7 days Sunday – Thursday 11.30am – 9.00pm, Friday - Saturday 9.00am – Late. The buyer can opt to trade longer hours with plenty of day-trade potential in the area – especially for breakfast.
High profile position attracts high volume passing foot traffic as well as being a destination for the regular cliental. This business has an excellent reputation for quality food and drinks.
With a long-term lease in place, this stunning restaurant in Chermside is a fantastic business opportunity and an inspection is sure to impress.
Asking Price: $650,000
Price includes Fixtures Fitting P&E Estimated value $1,000,000
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00456 and click on the ENQUIRE NOW button.
For Full Details contact Alan Minshull
+61 7 5572 2122
+61 498 955 890
*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.