Ad ID: 79755

Iconic Bar and Eatery for Sale Brisbane

Enquire about this "Iconic Bar and Eatery for Sale Brisbane" opportunity on aubizbuysell

Iconic Venue & Long Lease / Prime Investment Opportunity in the Heart of Brisbane CBD

Location:
Asking:
$850,000
$850,000

Business for Sale Description

Iconic Bar and Eatery for Sale Brisbane Asking: $850,000$850,000



 

 

- Prime Corner Location in the Heart of Brisbane CBD
- Fully Automated Business with Multi-Awarded Team in Place
- Impressive Fit-Out and Top Rated Kitchen & Bar Equipment
- $40,000 Avg. Weekly Sales - 6 Days Operation

Iconic Bar & Eatery in the heart of Brisbane CBD presenting a 144m2 inside dining area complemented by an exclusive 77m2 wraparound terrace overlooking some of the city\'s finest heritage buildings.

Million-dollar fit out. Part of the furniture was crafted from the recycled wood of an old Queenslander, giving this venue a warm pub like feel. Popular for functions, corporate lunches, live music events and much more. Large venue capacity with up to 180 seats.

Business runs under full management and records strong and consistent sales. Part of a 15 storeys corporate building, Mr Edward\'s is constantly exposed to high volume foot traffic and situated in one of the busiest locations in Brisbane City, surrounded by offices, residential buildings and hotels hosting over 1,000,000 visitors every year.

A long tenancy agreement that runs until February 2030 makes this opportunity a perfect long-term investment with solid returns. 

Enquire now to receive a detailed Information Memorandum and discover more about this rare opportunity.

Key Investment Features of the Business:
- 15% Net Profit Under Management
- 5 + 5 + 5 Years Lease Commenced in 2015
- Annual Rent: $166,000 + GST

For further information please complete an online Confidentiality Agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00617

 

 
Ref: BR00617
Timestamp: 20190405070106

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Action Business Brokers Pty Ltd
For more info
Contact:

Matteo Melis

+61 433 719 112 or +61 7 3831 2300
Phone: Matteo Melis +61 433... or +61 7 3831 2300
LINK Business Brisbane
Broker Ref: BR00617

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