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