For Sale $195,000
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 $195,000

Business Details

Restaurant - German Cuisine - European - Brisbane City Fringe

\nRestaurant - German Cuisine - European - Brisbane City Fringe - Agent SBX Code Number: TQG1015

Restaurant serving traditional German cuisine including sausages, beers, pretzels, etc. most of which is handmade on site. - Live music for many events especially Oktoberfest. Beautifully decorated restaurant with German theme and lots of dark wood. - 20 seats outside - 80 seats inside. Excellent records will be made available to serious buyers.

Potential
Could open for lunch on Sat. - Could open Sundays. Would suit French, Italian, or Hungarian cuisine.

Features
Fantastic fitout. Great atmosphere. Excellent reputation for great food. Many loyal regulars. Award winner.

Premises
This business has an area of 150 sq.mts.

Location
Situated on busy road in upmarket suburb.

Trading Hours
6 days - Lunch - Mon. - Fri. - 10 a.m. - 2 p.m. - Dinner - Mon. - Sat. - 6 p.m. - late.

Lease
3 x 3 x 3 year lease starting 2013

Employees
2 working owners + 1 chef + 5 casual waitstaff

Comments
Owners willing to be hired as transition managers. Will train new owner or employed manager. Very rare opportunity. One of the best European restaurants in Brisbane. Full figures available to serious buyers.

Figures
Weekly Sales $8000
Rent (ex GST) $1000
Wages $1300
Profit $2000

Agent SBX Code Number: TQG1015 - 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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Enquire

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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