Queensland

PRICE LOWERED !! Corner Location Corporate 5 Days Bar & Eatery Venue ($1Mil T/o)

For Sale | $199,000

Alcohol/Liquor

 

- All-day Eatery & Bar - 5 Days Operation from 7 AM to 11 PM
- Modern fit out and state of the art kitchen facilities - Fully refurbished in 2017
- Professional team in place ensuring high quality & service standards
- Prime corner location surrounded by corporate & residential buildings
- Established clientele and consistent business - Gross Annual Income: $1Mil.

** Opportunity to take over Silverchef (Lease Equipment) and discount the value from current sale price - Buy the business for $100,000 only! Great opportunity for a chef or industry professional looking to start running their own business. **

The business returns a strong 18% profit under management and would provide a very healthy income to a hands-on operator.

Enquire now to receive a detailed Information Memorandum and discover more about this rare opportunity.

This uniquely designed venue is divided into a spacious beer garden with capacity up to 70 people and an inside, top fit-out restaurant/cafe area with leather seats and custom made furniture. Wooden floors, large windows and open spaces maintain a better flow and usage of the overall space. The bar boasts shelves of premium spirits and 14 beer taps on a feature wall coated in white mosaic tiles.
 Key Investment Features of the Business:
- 1.8x year EBITDA multiplier
- Secure 12 years lease started in 2018 (7+5)
- Fully licensed establishment
- Steady income from surrounding offices & residential buildings. (Dine in/Take Away/Catering)

The owner is motivated to sell and prepared to offer free rent for the first 3 months after settlement, providing all the training and support necessary to ensure a smooth transition and the future success of the business.


For further information please complete an online Confidentiality Agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00616
Ref: BR00616
Timestamp: 20190320070107

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Contact


Matteo Melis



Marketing By


Matteo Melis

LINK Brisbane

Overview

This Alcohol/Liquor Business is one of 393 businesses for sale in Brisbane Central, Queensland, and one of 21 Alcohol/Liquor Businesses in this region that a business for sale currently has on offer. This Alcohol/Liquor Business is for sale in Brisbane Central for the asking price of $199,000 and is new to the market.