For Sale $300,000
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 $300,000

Business Details

Restaurant - Italian Cuisine - Bar - Cafe - Brisbane CBD

\nRestaurant - Italian Cuisine - Bar - Cafe - Brisbane CBD - Agent SBX Code Number: TQZ1041

Restaurant and wine bar in Brisbanes CBD. - Opens breakfast, lunch and dinner - Menu items include cooked breakfasts, entrees, pizzas, pastas, salads. - Entrees + Pizzas $13 - $19 - Mains $25 - $29. - Full commercial kitchen with ample under bench refrigeration and cold room along with an ornate wood fired oven. - Fully licensed venue with an award winning wine list and a strong cocktail and beer offering - 16 seats outside - 32 seats inside.

Potential
Increase trading hours to include weekends.-Owner operator would increase profit and save on wages by working in the business - Introduce corporate catering.

Features
Strong regular trade - Award winner for bar of the year - 5 day operation - Prominent CBD location - Long lease - Online ordering system and website - Large data base of customers.

Premises
This business has an area of 111 sq. mts. internally with adjoining outdoor area.

Location
Situated in lobby of a highrise building in a main CBD location.

Trading Hours
5 days - Mon. - Fri. - 7 a.m. till late (licensed till midnight).

Lease
Current lease expires 15th June, 2020 + 3 year option

Employees
5 fulltimers + 4 casuals ( run mainly under management)

Comments
This is a great opportunity to acquire a CBD restaurant /bar/cafe in a high- profile city location. - The fit-out is exceptional and originally cost $600k. - The owners are over committed with other businesses and need to consolidate. - This is a genuine opportunity only available due to extenuating circumstances, - A good quality city business.

Figures
Weekly Sales $20000
Rent (ex GST) $2562
Wages $7600
Profit $3298

Agent SBX Code Number: TQZ1041 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
  • Expenses: $10902
  • Business Selling Price: $300000
  • Trading Hours: 5 days - Mon. - Fri. - 7 a.m. till late (licensed till midnight).
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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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