ABS Business Sales Pty Ltd Phone : 07 3368 ****
Hugo Martin
07 33 ****

0411 ****


Top Performing Restaurant/Cocktail Bar Brisbane Inner City Business For Sale Ref #9111

Listing Id : 245501

Location : Queensland - Brisbane

Category : Bottle Shop, Catering, Restaurant

Asking Price : $1,200,000 + SAV

Business description

This outstanding restaurant and Bar is one of Queensland's most popular and high-performing businesses. Trading for nearly a decade, this restaurant, bar and functions venue has become an established - almost iconic fixture on the Brisbane dining scene. Located in Brisbane's longest-running premium entertainment precincts, this deluxe restaurant shines brightly amongst the stars of the Brisbane hospitality landscape. * Very high weekly turnover, defying general trends with sales increasing on a monthly comparison of 26% in January, 23% in February and 53% in March truly outstanding results * Delivering very significant net returns * 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 * 373 m2 site * Lease to 2**** **** * 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 on opportunity of this quality become available on the market. $1,200,000 + SAV To find out more information about this business, please complete the confidentiality agreement quoting reference number: 9111 Broker: Hugo Martin| E: hugo@absbrisbane.com| P:**** **** Head Office | P:**** **** | E: reception@absbrisbane.com


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