Ad ID: 79755
Iconic Bar and Eatery for Sale BrisbaneEnquire 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
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.Â
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
Interested In This Opportunity?