For Sale $850,000
SBX Business Brokers

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

Food/Hospitality for sale


For Sale $850,000

Business Details

Restaurant - Spanish Cuisine -

\nRestaurant - Spanish Cuisine - - Agent SBX Code Number: TTQF1005

Restaurant - serving Spanish cuisine - the ultimate Brisbane function venue catering for corporate and casual celebrations including stand up cocktail parties and sit down dining events. Own intimate, yet open private function area can be tailored to suit clients needs. - Open 7 days a week for lunch & dinner selling authentic Spanish tapas, raciones (perfect for sharing) and sangria. - Full commercial kitchen. - 70 seats outside - 70 seats inside.

Would suit an owner operator to continue expanding this unique business and achieving much higher profits.

Spectacular design by Arkhefield. - Very high quality fit out. - Outstanding presentation. - Brilliant concept with tremendous appeal. - Profitable - Running under management. - 8 year lease with low rent.

This business has an area of 220 sq mts including large under cover outdoor seating area.

Set within a busy dining precinct of the largest Shopping Centre in the Western suburbs of Brisbane conveniently accessible by car, taxi, train and bus.

Trading Hours
7 days - 11am til late.

Current lease ends In 2024.

10 fulltimers, 10 casuals.

This is a amazing Spanish restaurant with massive open areas and currently running under total management. - Great presentation with characteristic timber ceilings. Designed by Arkhefield - one of Brisbanes best interior designers. - Brand new with unlimited potential.

Weekly Sales $40000
Rent (ex GST) $3000
Wages $15000
Profit $9350

Agent SBX Code Number: TTQF1005 - 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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