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Waterfront Restaurant/ Cafe Moreton Bay Region For Sale #5018FO

$149,000 + SAV

  • Waterfront Restaurant/ Cafe Moreton Bay Region For Sale #5018FO

Business Description

HUGE PRICE REDUCTION due to serious health issues.

Operating during Covid-19.

Under the current owners this superbly located establishment, without any nearby competition, has built a well deserved reputation for offering an outstanding quality menu. The establishment has a VIP mailing list as well as a large social media presence including thousands of Facebook followers.

The Restaurant is open 6 nights serving Woodfired Italian a-la-carte; Pizzas, Pastas, Steaks, Seafood and house made desserts. The Restaurant also specialises in Antipasto platters and Italian Tapas.

The complete menu is available for takeaway.

The Café is open 7 days serving all day breakfast classics as well as lunch and seafood options (All cakes are baked on premises). The Cafe also specialises in high tea offerings, unique breakfast platters and seafood platters.

Turning the Café into a completely separate restaurant is a distinct possibility.

*Visually extremely appealing establishment in an ideal location
*Quality fit-out and furniture
*Excellent, highly functional kitchen
*Outstanding sales
*Delivering an excellent return to the owners
*Long term lease
*Catering to a diverse range of customers including cashed up retirees. Intimate private corporate events and parties are also catered for

This business has unbelievable growth potential.
The current owners have plans to increase the turnover/profitability but are reluctantly selling due to family commitments.
*Currently there’s no online food delivery service, the re-introduction would see the turnover increase substantially, especially with the superior quality of the current menu. The previous owner generated $1,500-$2,000 per week with Menulog.
*The introduction of functions such as weddings (just started) will be a huge bonus.
*There are current and future, new large residential developments within walking distance.
*The planned future change to the layout of the restaurant/café will see the bottom line improve by around $75,000 per annum.

All genuine offers will be seriously considered.

$149,000 + SAV (approx. $5,000)

To find out more information about this business for sale, please complete the confidentiality agreement quoting reference number: 5018FO

Business Broker: Arnold P Kelsey | 0458 073 621 | arnold@absbrisbane.com
Head Office | P: 07 3368 4010| E: reception@absbrisbane.com

Business Features / Snapshot

Price: $149,000 + SAVTrial: no

Your Business Broker

Arnold P Kelsey

Business Location

Brisbane, Queensland 4001