Food/Hospitality Business for Sale in QLD Photo 1
Restaurant for sale in Brisbane City, QLD
For Sale $120,000

Restaurant for sale in QLD

Food/Hospitality
QLD
For Sale $120,000

Business Details

Restaurant - Function Centre - Brisbane South

\nRestaurant - Function Centre - Brisbane South - Agent SBX Code Number: TTQX1004

Restaurant - bistro serving Modern Australian cuisine - Breakfast, lunch & dinner Mondays to Fridays - Also open during the weekend for private bookings of 30 to 200 people - Currently doing 4 kgs. coffee per week - Full commercial kitchen. - 200 seats - Business specialises in functions, training seminars, sales meetings, product launches, engagement parties and weddings. - Has two function rooms with the capability of forming a larger room.

Potential
Could do a refurbishment - Increase restaurant trade - increase functions.

Features
Fantastic fully equipped kitchen - Low rent - Guaranteed clientele from hotel

Premises
This business has an area of 100 sq. mts. downstairs and function area of 489 sq. mts. upstairs.

Location
Situated in South Brisbane in corporate hotel tower.

Trading Hours
5 days - Mon. - Fri. - 6 a.m. to 9.00 p.m. - Sat. bookings on request

Lease
Current lease commenced April, 2015 - 3 + 3 + 3 year option

Employees
2 owners + 5 casual staff

Comments
This business would suit buyer with functions and events knowledge. - Well equipped Kitchen which could work for outside catering

Figures
Weekly Sales $12000
Rent (ex GST) $1036
Wages $1538
Profit $2000

Agent SBX Code Number: TTQX1004 - SBX Business Brokers

  • Last Updated November 2018
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Expenses $6400
  • Business Selling Price $120000
  • Trading Hours 5 days - Mon. - Fri. - 6 a.m. to 9.00 p.m. - Sat. bookings on request
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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