Food/Hospitality for sale
Restaurant - Chinese Cuisine - Entertainment - Brisbane City Fringe
Restaurant - Chinese Cuisine - Entertainment - Brisbane City Fringe - Agent SBX Code Number: TTQN1052
Restaurant & entertainment complex serving Chinese cuisine with takings of approx. $21000 p.w. - Karaoke takings range $3000 - $3500 p.w. - Pool commission takings around $200+ p.w. - Gaming machines are hired with a profit $250 p.w. - 200 seats inside - Licenced
Could subdivide and sublet - Upgrade alcohol license - Turn into a nightclub -Replace karaoke, pool and video games with more popular activities - Suit 2 owner operators and save on wages.
Huge area - Massive potential -Well known
This business has an area of 1100 sq.mts. which is divided into multiple areas
Situated in large indoor mall / entertainment area
7 days - 11 a.m. - 2 a.m.
Current lease expires August, 2018 - new 5 years lease can be negotiated
1 owner + 3 fulltimers + 6 casuals
Massive potential but need to refurnish most areas including 16 karaoke rooms .- Also upgrade alcohol license to turn into nightclub & disco - Suit investors and business migration.
Weekly Sales $25000
Rent (ex GST) $5000
Agent SBX Code Number: TTQN1052 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Restaurant
- Expenses: $14910
- Business Selling Price: $450000
- Trading Hours: 7 days - 11 a.m. - 2 a.m.