SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Restaurant - Bar - Function Venue - Under Management - Popular venue

Listing Id : 257182

Location : Queensland

Category : Cafe and Coffee Shop

Asking Price : 895,000

Business description

Restaurant - Bar - Function Venue - Under Management - Brisbane North - Agent SBX Code Number: TQQ1134 Restaurant - Bar - Function venue serving Italian cuisine for lunch and dinner - offers corporate events, intimate cocktail parties, private celebrations and weddings. - The lunch and dinner menu begins with classic antipasto dishes before moving onto pizzas, pastas and larger dishes. - An elaborate breakfast is offered on the weekends. - Fully licensed serving the finest Australian and international wines, champagnes, cocktails and tap beers and finest coffee. - Full commercial kitchen - seats 160 inside - **** **** seats outside. Potential Owner operators would save on wages. - With three separate areas and the opportunity for exclusive venue hire, can host functions for up to 140 guests. Features Stunning location - Well established - Under full management - Very well set up - Profitable - Easy to run - Long lease - Low rent - Popular venue - Loyal staff. Premises This business has an area of 200 sq.mt.with open plan dining room and intimate al fresco seating in a very modern setting with superior river views with outdoor events on the restaurant deck & city views. Location Situated in North East Brisbane in affluent residential area with proximity to river and CBD. Trading Hours 6 days - Tues. to Fri. - 11.30 a.m. - late - Sat. & Sun. - 7 a.m.- late - Closed Monday. Lease 5 year lease commenced 31st March, 2016 - 3% C.P.I. increases - 3 months bond / bank guarantee. Employees 2 Managers fulltime + 3 chefs fulltime + 13 casuals +1 fulltimer + 1 apprentice fulltime - Under management Comments One of the finest and most successful venues in Brisbane. - Up to date financials and maintenance on equipment, and very efficient operation systems in place. - Misc. - 1 - book keeping fees - Misc. - 2 - other expenses. - Figures available after completing 2 page confidentiality agreement. Figures Weekly Sales $0 Rent (ex GST) $2732 Wages $0 Profit $6866 Agent SBX Code Number: TQQ1134 - SBX Business Brokers


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