p: 617 3368 4010 e: reception@absbrisbane.com a: Level 1 Unit 3 25 Railway Terrace, Milton, Qld Australia 4064

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Bistro/Restaurant and Bar Business for Sale – Ref: 2654

SOLD

  • ID Ref 2654
  • Suburb Brisbane
  • State QLD
  • Status Sold

Business Description

One of the most outstanding hospitality businesses to become available on the market this year! Everything is in place for both an investor and an operator. Top quality marketing and management systems, consistently high levels of turnover and profit. This truly is an outstanding business.

* Sales for 2013/14 $2,643,957 with continuing growth of approximately 10%;
* Adjusted net profit for 2013/14 $635,840;
* Lease to 2019 with a 5 year option;
* Rent only 6.1% of turnover;
* Outstanding prominent position;
* Incorporates a modern busy craft beer bar;
* Fully trained management and staff in place;
* Owner currently working one day a week in the business;
* Modern stylish fit-out;
* Owner willing to stay on as working consultant for one day per week.

There is no better hospitality business for sale in Brisbane at present.

$1,250,000 + SAV.

Broker: Hugo Martin 0411 617 140 / hugo@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

Business Features / Snapshot

Price: SOLDAdjusted Net Profit: $635,840 Trial: no Rent: $15,788 Lease Options: 1 x 5 years

Your Business Broker

Hugo Martin
  • Hugo Martin

  • Phone: 07 3368 4010
  • Mobile: 0411 617 140
  • Profile: view profile

Business Location

Brisbane, Queensland 4001