For Sale $125,000
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 $125,000

Business Details

Restaurant - African Cuisine - Brisbane South



Restaurant - African Cuisine - Brisbane South - Agent SBX Code Number: TTQK1003

Restaurant serving middle-eastern cuisine with varieties on African style menu. - Specialising in a great range of regional bread, dishes and spices. - Also serving Ethiopian coffee beans raw, roasted and ground as requested. - Small but workable kitchen. - 70 seats outside - 4 seats inside. - Licenced.

Potential
Restaurant could serve other cuisine or continue with current menu. - More marketing - improve online store exposure.

Features
Very low rent. - Website with online booking for dinner. - Well established. - Regular clientele.

Premises
This business has an area of approx. 77 sq. mts .with some under cover seating.

Location
Situated in a small shopping village at street level on South side of Brisbane

Trading Hours
7 days - Mon. - 11 a.m.- 8 p.m. - Tues. - Sat. - 11 a.m.- 10 p.m. - Sun. - 12 noon - 8 p.m. - No public holidays.

Lease
New lease can be negotiated

Employees
2 owners + 2 - 3 casuals

Comments
Great opportunity to purchase this restaurant with many years good trading history. - Motivated vendors - all offers will be considered.

Figures
Weekly Sales $5200
Rent (ex GST) $610
Wages $1150
Profit $1485

Agent SBX Code Number: TTQK1003 - 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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