SBX Business Brokers Phone : 02 9439 ****

Licenced Bar - Grill - Restaurant - Restaurant - Bar - Grill - Chermside Area - Sales $35,000 p.w.

Listing Id : 212024

Location : Queensland - Chermside

Category : Restaurant

Asking Price : 119,000

Business description

Licenced Bar - Grill - Restaurant - Brisbane North - Agent SBX Code Number: T2932 Licenced Bar with full commercial kitchen, large barbecue and grill serving 14 hour brisket, grilled steaks, fish, pork ribs and chicken. - Range of specialty burgers - Large indoor and outside bar serving a range of craft beers, wines, cocktails and top shelf spirits. - All state of the art fit out with classic American 1920s design. - 140 seats. Potential A new developing concept with weekly sales of over $40,000 and strong potential for future growth. Features Unique concept offering a different experience and product. - Fantastic new location in one of Brisbane busiest precincts. Premises All one level with an area of approx. 300 sq.mts. with both indoor and outdoor areas, beautifully landscaped in a tropical setting. Location Situated in one of the states busiest and newly refurbished shopping centres in new dining and entertainment area of Brisbane. Trading Hours 7 days - 11 a.m.- 9 p.m. Lease 7 year lease from June 2017 - 3 month bond - 4% annual increases. Employees 1 Manager + 25 staff Comments Fantastic overall presentation and design . - Great opportunity to purchase high turnover and very solid profit business with tremendous room for growth . - Currently under management so would suit an investor or an owner operator that could drive the business even further. - Misc. 2. - $2,500/week lease payments on capital equipment. Approx 1.5 years remaining, estimated payment figure $180,000 Figures Weekly Sales $35000 Rent (ex GST) $7500 Wages $10006 Profit $5000 Agent SBX Code Number: T2932 - SBX Business Brokers

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