Food/Hospitality Business for Sale in QLD Photo 1
Restaurant for sale in Brisbane City, QLD
For Sale $560,000

Restaurant for sale in QLD

Food/Hospitality
QLD
For Sale $560,000

Business Details

Restaurant - Bar - Brisbane CBD

\nRestaurant - Bar - Brisbane CBD - Agent SBX Code Number: TTQF1008

Restaurant serving Eastern European cuisine with separate bar serving wide selection of wines, cocktails & vodkas. - Full commercial kitchen, cold room & office. - Restaurant seats 50 inside and 50 outside. - Spectacular bar. - Function areas inside and out. - Free wi-fi for customers. - Takeaway. - The venue caters for functions, parties and weddings to the business community, tourists and Brisbane residents.

Potential
More weddings and functions. - Promote bar trade. - Promote happy hour. - Local area residential apartments growth. - Alliance with hotels nearby.

Features
Well established business. - Great location - Large database of loyal customers. - Live music performing every weekend. - Unique cuisine with no competition offering Eastern European food in the area. - Elegant decor.

Premises
This business has an area of approx. 170m2.

Location
Premier location in the heart of the fine dining precinct in inner suburb of Brisbane.

Trading Hours
7 days - Mon. - Sun. - 10 a.m.- 12 midnight

Lease
5 year lease + 4 year option commenced June 2013

Employees
1 owner full time + 3 fulltimers + 2 casuals

Comments
Vendor will consider up to 50% vendor finance for the right buyer - Presentation is fantastic. - Very well priced. - Outstanding business opportunity in inner suburb of Brisbane.

Figures
Weekly Sales $21000
Rent (ex GST) $3740
Wages $3900
Profit $5360

Agent SBX Code Number: TTQF1008 - SBX Business Brokers

  • Last Updated September 2017
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • Expenses $10390
  • Business Selling Price $560000
  • Trading Hours 7 days - Mon. - Sun. - 10 a.m.- 12 midnight
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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