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

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Confidentiality Agreement

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CA Form

Iconic Brisbane High Street Bar & Grill Northside – Business for Sale # 3110

SOLD

  • ID Ref 3110
  • Suburb Brisbane
  • State QLD
  • Status Sold

Business Description

This is one of the most exciting hospitality businesses to have come onto the market in recent times. The business has quickly become the go to place for the local community.

* Net sales for the last 12 months are in excess of $1.95Million
* With a very strong net return to a working owner
* Exception rent currently running at approximately 2% of turnover
* Lease to 2030 including options
* Opportunities to lower the rent even further
* Run under management
* Very strong ongoing paid social media advertising
* 130 Indoor and outdoor seats with potential for up to 150 stand up with a strong delivery business and a separate bar with craft beer on tap and a great wine and cocktail list
* Immediate growth options are available through a large kitchen offering the opportunity to open for breakfast and late night delivery and functions
* Banks will lend up to 50% on this business

This is quite simply an exceptional business at a dream location.

Price for sale: $780,000 + SAV

For more information about this excellent opportunity, complete the Confidentiality Agreement quoting reference no: 3111

Hugo Martin – Mob: 0411 617 140; Email: hugo@absbrisbane.com

Business Features / Snapshot

Price: SOLDTrial: no

Your Business Broker

Hugo Martin
  • Hugo Martin

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

Business Location

Brisbane, Queensland 4001