Ad ID: 79702
Corporate 5 Days Bar and Eatery for Sale BrisbaneEnquire about this "Corporate 5 Days Bar and Eatery for Sale Brisbane" opportunity on aubizbuysell
Corner Location / Profitable Corporate 5 Days Bar & Eatery Venue ($1Mil T/o)
Business for Sale Description
Corporate 5 Days Bar and Eatery for Sale Brisbane Asking: $325,000$325,000
- All-day Eatery & Bar - 5 Days Operation from 7 AM to 11 PM
- Modern fit out and state of the art kitchen facilities - Fully refurbished in 2017
- Professional team in place ensuring high quality & service standards
- Prime corner location surrounded by corporate & residential buildings
- Established clientele and consistent business - Gross Annual Income: $1Mil.
The business returns a strong 18% profit under management and would provide a very healthy income to a hands-on operator.
Enquire now to receive a detailed Information Memorandum and discover more about this rare opportunity.
This uniquely designed venue is divided into a spacious beer garden with capacity up to 70 people and an inside, top fit-out restaurant/cafe area with leather seats and custom made furniture. Wooden floors, large windows and open spaces maintain a better flow and usage of the overall space. The bar boasts shelves of premium spirits and 14 beer taps on a feature wall coated in white mosaic tiles.
Â Key Investment Features of the Business:
- 1.8x year EBITDA multiplier
- Secure 12 years lease started in 2018 (7+5)
- Fully licensed establishment
- Steady income from surrounding offices & residential buildings. (Dine in/Take Away/Catering)
The owner is motivated to sell and prepared to offer free rent for the first 3 months after settlement, providing all the training and support necessary to ensure a smooth transition and the future success of the business.
For further information please complete an online Confidentiality Agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00616
Interested In This Opportunity?