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

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PRICE REDUCTION! Have a Look at This Bar - What do you reckon it's worth? Ref: 2659


  • ID Ref 2659
  • Suburb Brisbane
  • State QLD
  • Status Sold

Business Description

Be brave, you never know what can happen, the price has already been reduced by $170,000. I would like to put the time in with you to take your offer to the seller.

This is a popular Bar with a bit of Bistro thrown in strategically located in a very busy social hub of Brisbane and its up for sale.

This great bar has operated for 15 years and is the goto location for a sought after demographic of high spending customers. Serving both food and drink, the more food component is a supplement to the more profitable drinking component of the business.

Here is a snapshot of the business:

* Rent is about $7,000 pcm plus GST;

* Lease has just under a year to go plus a 4 year option with a further option available to a suitable tenant;

* Gross Turnover is about $19-20,000 per week;

* The business is run by a Manager. The seller does not operate the business;

* Fantastic street appeal;

* Fantastic Bar;

* No breakfast or lunch. Currently opening in mid afternoon

Price reduced to $180,000 + SAV.

Broker: Harry Notaras 0434 344 282/ harry@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

Business Features / Snapshot

Price: SOLDTrial: no

Your Business Broker

Harry Notaras
  • Harry Notaras

  • Phone: 07 3368 4010
  • Mobile: 0434 344 282
  • Profile: view profile

Business Location

Brisbane, Queensland 4001