Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Bar - Cafe - Restaurant - Under Management - Run Under Management With Fitout Cost Over $900k For Sale

Ascot, Queensland, Australia
Asking Price:
$500,000 (AUD)
Sales Revenue:
$2,080,000 (AUD)
Cash Flow:
$416,000 (AUD)

Restaurant - bar & coffee espresso bar -under management. - This stunning venue specialises in a modern fusion Asian / Vietnamese cuisine for lunch and dinner with the mornings operating as an espresso bar for breakfast with grab and go - Fully licensed serving a range of Australians finest wines, craft beers, Champagne and a variety of unique cocktails. - Full commercial kitchen - 2 separate sections for the espresso bar & Restaurant / bar dine in. - Seating 200+ inside & out.

Potential
Could expand on offering more exclusive events and functions. - No current local marketing in place - This business would suit two owner operators.

Features
Under management -Livenced - Beautiful venue with a unique high end fit out cost of over $900K and espresso bar on one side of the restaurant - Very affluent suburb.

Premises
This business has an area of 400m2 with a large alfresco dining area, office space & additional storage.

Location
Close to a major race track in one of the original premium precincts of Brisbane with great proximity to airport & CBD.

Trading Hours
Cafe - Mon. - Sun. - 600 a.m. - 200 p.m. - Bar / Restaurant - 700 a.m. - 900 p.m. - Tues. - Sun. - closed Monday.

Lease
New 5 year lease commenced May, 2021 + 5 + 5 year options - -.-.- increases. - 3 month bond.

Employees
1 owner + 1 full time Manager + 3 full timers +. 20 casuals.

Comments

Property Information

Location:

Close to a major race track in one of the original premium precincts of Brisbane with great proximity to airport & CBD.

Business Operation

Expansion Potential:

Could expand on offering more exclusive events and functions. - No current local marketing in place - This business would suit two owner operators.

Trading hours:

Cafe - Mon. - Sun. - 600 a.m. - 200 p.m. - Bar / Restaurant - 700 a.m. - 900 p.m. - Tues. - Sun. - closed Monday.

Employees:
1 owner + 1 full time Manager + 3 full timers +. 20 casuals.
Years established:
2005

Contact SBX Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business