A restaurant with $2.3m annual revenue, under management with all systems and processes in place that is ready to franchise, license or open more under your ownership. The brand is trademarked with all brand and marketing collateral in place. Rarely will you find a business this well developed and refined that comes as such a complete package.
With a great lease that is under that is well under 10% of turnover and a fitout that is less than 3 years old this business should jump off the page.
Located in a great precinct close to the city this 90 seater restaurant is well established as the place to go for lunch or dinner 7 days a week and is well accustomed to hosting special occassion with constant group bookings year round.
If you are looking for a restaurant that is well developed and performing this is for you. The upside is that a keen operator can still improve cogs and increase sales with the right plan in place. If that appeals to you and you would like to open more then this is absolultely for you.
A group looking to scale a brand would also do well to consider this business as its ready-to-go package is truly just that.
Key Points:
- Strong and consistent performance.
- Fully Under Management
- Licensed/trademarked brand and all supporting brand collateral
- All systems, proceedures and recipes included in well developed and well laid out structure.
- Great fitout that is only 3 years old
- Prominent precinct on Brisbanes inner north side.
- Opportunity to refine and improve some operations and expenses.
- Opportunity to grow the brand by opening more site, licensing or franchsing.
Enquire today.
Lease Details
Expires December 2027 + 5 year Option
3.25% annual increases
Premises Details
137m2 + 57m2 and 13m2 licenced al fresco seating areas
Staff Details
The venue is run fully under management with the owner completely hands off.
The venue has a full time contracted GM and 2IC Front of House and a Head Chef and 2IC Back of House as well as Part Time contracted Shift Runners and a Team Members Front of House, Back of House and Bar around 15-20 in total depending on season.
Opening Hours
Sunday - Thursday 12 noon - 9pm
Friday and Saturday 12 noon - 10pm
Opportunity
A highly attractive package for prospective investors or owners seeking a high-potential hospitality venture.
**Weekly**
Sales $46,000
Rent $3,362
Net Profit $5,039 (Under Management)
