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Listing ID: 2227957

Restaurant In One Of Brisbane’s Most Sought After Entertainment & Dining Precincts: Southbank - Fully Licenced For Sale

Brisbane, Queensland, Australia

AU$ 375,000

(Inventory / Stock included)

Revenue: AU$ 100k to 250k

Cash Flow: AU$ 500k to 1m

Business Description

This is a great business that is located in the heart of the Southbank Dining and Entertainment Precinct. Well established with owner stating current weekly sales of $17,000 with a nett of over $150,000 p.a. (sales up to $20,000 per week in previous years). A wonderful opportunity to purchase this business as first time offered for sale in over 10 years. Great set up with in/out seating for over 120 patrons. Fully licenced. Excellent 7 ½ year lease in place. Recently renovated at the end of last year at a cost of over $120,000. Excellent plant and equipment and a fully equipped kitchen. All weather seating outside so no loss of trade when it rains. Suit various food styles as current theme could be changed STA.. Plenty of parking available in the Southbank Parklands Carpark and in front on the main street. A hands-on owner operator or chef could expect further growth.

Broker's Comment: Be quick as this is truly a unique business in a great location.

Priced to sell - Submit all resonable offers
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