$525,000 + SAV
Glenys Pitkin

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Benchmark Business & Commercial
24/213 Greenhill Road,
Eastwood, SA 5063

Food/Hospitality for sale


$525,000 + SAV

Business Details

Iconic Café/ Restaurant With Interstate Owner – Fully Managed

A rare opportunity to own one of Brisbane’s best, a pioneer in the neighbourhood’s dining scene, this business exudes charm and character with quality offerings at every level.

A place you can have breakfast with a friend, lunch with Mum, dinner with a date, a large family feast or even a celebratory group event….Pop in for a sumptuous slice of in house made cake with Nan, have a business meeting or just a quiet glass of wine to unwind and relax at the end of your day…. This cornerstone of the community offers an authentic solution to a myriad of occasions.

Fully managed with long standing proven systems and procedures in place, stable staff and infrastructure, all the hard work has been done. Any potential purchaser will find it easy to navigate and will be able to choose to leave the business under management if desired.

Operating with the same ownership since 2007, open for breakfast and lunch 7 days and now dinner Tuesday to Saturday, the recent addition of a private dining room and Bar adds endless potential to increase the revenue of this award winning restaurant.

The seller has been living interstate for the last few years, visiting a couple of days once a month, and this business has still continued to go from strength to strength. Imagine the potential for an owner operator with a new burst of energy? However if a passive income is what you would like, this is the business for you.

• 2016 financial year on target to achieve in excess of $1.6 million in sales and growing
• 40 + 12 seats (private dining) undercover footpath dining for 20 with potential for more
• fantastic City fringe location in a foodie enclave with other quality restaurants
• unique brand, quality produce, renown food offerings
• many national and international visitors putting it on their ‘must go there list’
• loyal local customer base forms the bloodline of the clientele
• fully licensed with bar
• designer fitout, brilliantly equipped kitchen

Business offered for sale at $525,000 plus stock at valuation

Due to the sensitivity of a fully managed operation, and being such a well-known business, detailed financials are available to qualified buyers only with strict confidentiality documents in place. The protection of all information is for the benefit of both seller and buyer going forward.

Please call Glenys Pitkin
Mob: Click to call

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
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Benchmark Business & Commercial
24/213 Greenhill Road,
Eastwood, SA 5063

Phone: 1300 366 521
Fax: 08 8274 3799

Glenys Pitkin
Phone: 1300 366 521
Mobile: 0418 860 927

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