Brisbane City, Queensland 4000

Best Waterfront Bar & Foyer Cafe in Brisbane City / Secure Hospitality Investment Opportunity

For Sale | $3,800,000

Cafe/Coffee Shop

 

Matteo Melis and the team at LINK Brisbane are proud to bring for the first time to the market this superb business opportunity within the thriving Brisbane hospitality scene. One of Brisbane most popular & best performing waterfront venues & foyer cafe located right in the heart of the city.

Highlights

- Yearly turnover in excess of $4,200,000 ($80,000+ p/week)

- Long & secure lease expiring in December 2029 with current rent at $130,000 p/year

- Fully managed with strong trade across all aspects of the business (coffee, premades, restaurant, bar, functions, events)

- 5.5 Days Operation, closed on Sunday, public holidays and two weeks on Christmas

Artfully crafted, this business is the result of one of Brisbane's largest hospitality groups years of experience, bringing to prospective purchasers a combination of business features that make this investment opportunity truly a one of its kind. The offer includes 2 businesses operating under the same flag, a multi awarded waterfront bar & restaurant and a fast-paced foyer cafe selling 80kg+ of coffee p/week located at the entrance of the building.  

- Income

The business is well established with yearly takings exceeding the $4,200,000 mark and a very efficient costing structure allowing a stable net profit between 22% and 25%. ($1,000,000+)

- Offer Diversification

Operating 5.5 days a week from early morning until late, the services range from cafe/coffee shop offerings, corporate, birthdays & engagement functions and special events such as product launches, property and alumni events.

- Lease

Record low rent of just $130,000 p/year for an exclusive, must-see location with long secure lease running until 2029. Total area of 239 square meters with seating capacity up to 260 people and over 450 cocktail stand-up.

- Organisation

The business runs under full-management with an experienced team in place accounting for a cost of only 25% total turnover.

To register your interest, complete an online Confidentiality Agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00804 or contact Matteo Melis at 0433 719 112.
Ref: BR00804
Timestamp: 20200430080022

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Matteo Melis



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Matteo Melis

LINK Brisbane

Overview

This Cafe/Coffee Shop Business is one of 393 businesses for sale in Brisbane Central, Queensland, and one of 15 Cafe/Coffee Shop Businesses in this region that a business for sale currently has on offer. This Cafe/Coffee Shop Business is for sale in Brisbane Central for the asking price of $3,800,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..