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      Alcohol & Liquor business for sale in Brisbane City

      • Alcohol & Liquor
      • Brisbane City QLD 4000
      • $1,600,000 + SAV

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

      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 2027
      * 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.

      $1,600,000 + SAV

      To find out more information about this business, please complete the confidentiality agreement quoting reference number: 9111
      https://absbusinesssales.com.au/confidentiality-agreement

      Broker: Hugo Martin| E: hugo@absbrisbane.com| P: 0411 617 140

      Head Office | P: 07 3368 4010| E: reception@absbrisbane.com

      Business Highlights

      Business ID

      2014557751

      Last updated

      13 Aug 2018

      Category

      Alcohol & Liquor, Bars & Nightclubs, Catering, Restaurant, Grocery & Alcohol, Food, Beverage & Hospitality

      Map for Brisbane City QLD 4000

      38 Railway Terrace Milton QLD 4064

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