Bar and Beer Garden, Restaurant, Pizzeria and Conference Room – this venue has the lot. Excellent location, inner North West suburb, this is where the locals eat, meet and drink.
* With sales of $1,350,000 for 2013 and currently turning over between $36k to $41k per week;
* Showing a net profit in excess of $153,000 as a managed business;
* Massively asset rich business, currently showing $400k written down plant and equipment value;
* Three level premises;
* Trading 6 days 11am to late;
* Independent and trading successfully since 2007;
* Full team of well trained staff in place;
* Very popular local venue with ample parking available;
* Lease to 2017 with a 5 year option;
* Rent only $1,600 per week.
This business is going from strength to strength from a bustling base; here is a genuine opportunity for an active owner to take a local star to the next stage of development.
Well priced at $480,000 + SAV
Broker: Hugo Martin 0411 617 140 / hugo@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com