ABS Business Sales

Business Description

Ref: 2959

Inner City Rooftop Bar and Functions venue, Modern American Food venue and City Centre Cult Burger Bar - Business for Sale!

Three outstanding venues, three outstanding businesses as one! This is a unique opportunity offering a buyer access to two markets that are rapidly expanding in Brisbane.

* Sales for twelve months to the end of April $4,112,000;

* Showing a net return in excess of $500,000;

* Operational managers in place;

* Lease on bar and modern American food venue to 2021 with a 1x3 & 1x5 year option;

* Lease on City venue to March 2021;

* Total rent for 3 venues $32,933 per calendar month;

* Significant growth potential for bar and function venue.

This has to be one of the best opportunities available on the market in Brisbane today.

Price for Sale: $990,000 + SAV

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