Restaurant Functions and Bar for Sale Brisbane

Riverfront Premium Restaurant, Functions and Bar - Brisbane #5586FO

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Why buy this Restaurant Functions and Bar Business

Restaurant Functions and Bar for Sale Brisbane Asking: $2,800,000 + SAV

There are very few riverfront locations available for a premium restaurant and bar, and this is one of Brisbane's best. This business has enjoyed extraordinary success, from the day it opened, as one of the top dining locations in Brisbane. A venue to celebrate the immense joy of beautiful food and fabulous wines for both casual dining, corporate entertainment, functions and for the simple pleasures of life.

The restaurant has built a strong reputation for its exceptional food, service, and ambience. The fitout and build is exceptional and genuinely reflects the success that the business has enjoyed as one of Brisbane's top restaurant, bar and function since opening.

Key Factors:

* Delivers substantial sales revenue
* Delivers exceptional net returns
* Very large seating capacity
* Lease to 2029. Landlord is willing to extend
* Rent approximately 9.6% of turnover
* Strong functions trade
* Trading 7 days, lunch and dinner
* Very strong stable team in place
* Situated in a cluster of successful hospitality businesses
* Premium riverfront location

At this prized location, and with the future development of Brisbane, this restaurant, function and bar venue is indeed an exceptional offer. As a business, this is an exceptional opportunity for a single operator, a group, or an investor wanting to enter the top of the Brisbane hospitality scene.

$2,800,000 plus SAV

To find out more information about this business, please complete the confidentiality agreement quoting reference number: 5586FO

Broker: Hugo Martin| E: [email protected]| P: 0411 617 140 Head Office| P: 07 3368 4010| E: [email protected]