For Sale $125,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

QLD

For Sale $125,000

Business Details

Restaurant - French Cuisine - Brisbane North



Restaurant - French Cuisine - Brisbane North - Agent SBX Code Number: TQZ1035

Restaurant serving French provincial style meals with $50 - $70 per person average spend. - Menu includes sea salt pizza shapes, thyme and herbed cornbread, share plates of duck pancakes, lamb kofta, garlic prawns, Coq Au Vin, beef flanks with mushrooms - Full chefs kitchen - 35 seats inside - Licenced

Potential
Take over a newly fitted and well developed business. - Open for breakfast on the weekend - Develop the outdoor space for court yard seating with potentially 50 seats.

Features
Licenced - Long Lease - New fitout with new equipment.

Premises
This business has an area of 89 sq.mts. + 80 sq.mts. externally

Location
Situated in suburban strip shopping area in Brisbane North.

Trading Hours
6 nights - Tues. - Sat. - 5 p.m. to 11 p.m. - Sun. from 9 a.m. to 9 p.m. - Closed Monday

Lease
3 + 3 + 3 year lease commenced November, 2014.

Employees
1 owner + 3 casuals + 1 kitchen hand

Comments
Owner is very motivated to move on as there is a genuine reason for sale. - no expense has been spared on the fitout and the location is perfect with no direct competition and room for expansion.- This business needs to be seen to fully recognize the opportunity.

Figures
Weekly Sales $9000
Rent (ex GST) $2910
Wages $1710
Profit $1810

Agent SBX Code Number: TQZ1035 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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