For Sale $280,000
SBX Business Brokers

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

Food/Hospitality for sale

VIC

For Sale $280,000

Business Details

Restaurant - Bar - Brisbane CBD



Restaurant - Bar - Brisbane CBD - Agent SBX Code Number: GVC1047

Restaurant - bar serving authentic Asian curries, noodles and a variety of rice dishes.- Delectable entrees, salads, desserts - corporate functions, weddings and birthday parties are sought after by the clientele. - 44 seats outside - 44 seats inside.

Potential
Could open fine dining on Saturdays and possibly on Sundays. - Would suit a family operation.

Features
Popular for after work drinks.- Repeat corporate clients. - Well known. - Can be run under management. - Long lease.

Premises
This business has an area of 254 sq. mts. of formal seating indoors as well as outdoor seating.

Location
Situated in heart of the CBD surrounded by corporate buildings and customers.

Trading Hours
5 days - Mon. - Fri. - 12 noon - 11 p.m.

Lease
5 + 5 + 5 + 5 year lease commenced May, 2009.

Employees
2 owners + 4 casuals

Comments
Owners willing to share their signature recipes with the new buyer. - Over $100,000 spent on renovation and refurbishment. - Training will be provided for up to 1 month if required. - Equipment includes coffee machine, deep fryer, commercial dishwasher, 3 freezers, 4 fridges, 1 deep flyer, 1 stove, 1 wok burner.

Figures
Weekly Sales $8000
Rent (ex GST) $1850
Wages $1200
Profit $2732

Agent SBX Code Number: GVC1047 - 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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