Brisbane City, Queensland 4000
Popular Licenced Restaurant and Cocktail Bar For Sale #5086FO
For Sale | $695,000 + SAV
* Very high weekly turnover, averaging in excess of $49,000 per week
* Significant net return, defying industry trends
* Operationally fully managed business
* Very strong management team in place
* Significant refurbishment to extension recently completed
* Luxurious and high-quality fitout and furnishings
* Up to 180 seats separate functions and dining space
* 373m2 site
* Lease to 2027
* Gross rent below 10% of net sales
* Fully documented policies, procedures, operations manuals and check lists
* 16,000 on the database with a massive social media presence across a range of platforms
* Real opportunity to further increase functions trade
This business would suit both an owner operator or an investor looking for a substantial return on investment.
Very rarely does an opportunity of this quality become available on the market.
$695,000 + SAV
For more information about this excellent opportunity, complete the Confidentiality Agreement, quoting reference no: 5086FO
https://absbusinesssales.com.au/confidentiality-agreement
Broker: Hugo Martin| E: hugo@absbrisbane.com| P: 0411 617 140
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com