Brisbane City, Queensland 4000
Best Waterfront Bar & Foyer Cafe in Brisbane City / Secure Hospitality Investment Opportunity
For Sale | $3,800,000
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.
- 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.
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.
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.
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.